Panattoni is extending a production plant making specialised telecommunications systems at Panattoni Park Szczecin I. Next to the existing 32,000 sqm, the developer will build a further 24,000 sqm. As a result, this June the logistics and industrial complex will be 80 percent completed, and by year-end Panattoni intends to embark on the construction of the final 42,000 sqm phase of the park, completing the entire project planned to total 220,700 sqm.

Panattoni developer has leased approx. 13,400 sqm to VS Transport at Panattoni Park Wrocław VII. The tenant will be moving into the complex this April, and the developer is announcing the construction of a further 38,000 sqm at the same location.

Panattoni has leased out 35,000 sqm at Panattoni Park Gliwice III. As a result, another Panattoni distribution centre is now fully commercialised. The tenant will move into the park before the end of April and will use it for e-commerce order fulfilment.

Panattoni will deliver another project for K-FLEX, a manufacturer of thermal and acoustic insulation materials. Next to the company’s existing factory near Uniejów, the developer will build a 9,300-square-metre warehouse facility. The investment will commence in mid-2020.

Online grocer Rohlik.cz has expanded its footprint in Brno with the lease of a custom-built, 8,000 sqm facility at CTPark Brno Líšeň. The expansion comes as the company has outgrown its existing 4,000 sqm premises at CTPark Brno. The new facility will double the company’s current footprint and will include both warehousing and production areas. Move in is on schedule for September 2020.

Panattoni invests again in the Warsaw area. The planned Panattoni A2 East Warsaw Park will total 80,000 sqm of space. One of the first tenants – a well-known logistics operator – set to move in as soon as Q3 2020.

Since the onset of COVID-19, we have already seen a bifurcation in activity across the industrial & logistics sector, as occupiers and locations respond differently to the impact of COVID-19 on global and European economies, Colliers International reports.

Colliers International advised Jaguar Land Rover Slovakia in leasing an 11,000 sqm new warehouse premises in DC3 – Supplier Park Nitra.

All of Panattoni’s parks completed as of 2020 will be certified under BREEAM New Construction International standard with a Very Good rating. Panattoni already has 1 million sqm pending certification and 24 projects completed according to BREEAM and LEED standards.

While near-term conditions remain uncertain, a recession is becoming increasingly probable and Prologis has identified five areas that will shape market conditions. Current events have also led to the quick emergence of two new structural demand drivers, namely the need for more inventories as supply chains emphasize resilience over efficiency and the re-acceleration of e-commerce adoption.