Panattoni is developing its portfolio in the vicinity of Warsaw. The developer has completed the development of almost 40,000 sqm as part of its City Logistics Warsaw IV project in Annopol. Half of the space is to be taken up in July this year by TRUMPF Huettinger. The production plant is to serve markets that include the US, Japan, Korea and China.

The Czech industrial market grew at a rapid speed in 2022. Almost 1.1 million sqm of new space was added to the market, which is over 155% of the 5-year average annually completed space and the highest recorded figure on record for the Czech market. The market overtook 10 million sqm in mid-year and just failed to overtake the 11 million sqm milestone at year-end, achieving 10.8 million sqm at the end of Q4 2022. There was 150,300 sqm of newly added modern industrial space in the last quarter, Colliers says in their latest report.

Panattoni has fully commercialised another development – Panattoni Park Toruń. Stork, a company that provides logistics for clients from the food industry, has leased over 11,000 sqm and is to serve the Eastern European market from the centre. 

MLP Group has signed a new agreement with Santander Bank Polska. The bank has provided it with financing of more than €19 million and PLN 4 million. The funds will be used to refinance the existing warehouse facilities and finance the construction of new warehouse facilities within the MLP Łódź logistics park. The Kycia Legal law firm advised on the transaction.

Savills Investment Management has signed a lease extension at Park Szczecin Trzebusz with Carlsberg Supply Company Polska S.A., a member of one of the world’s largest brewers, Carlsberg Group. Carlsberg decided to continue leasing almost 15,000 sqm of warehouse space at the facility.

MDC2 Park Kraków South is a three-building distribution and logistics development with a planned total GLA of over 90,000 on a site of 19 ha. The project is located in Skawina, 13 km away from Kraków city centre and less than 2 km from the junction with the A4 Motorway.

Real Management S.A. has finalised the purchase of a development plot in Łubna, on the DK79 road connecting Warsaw, Piaseczno and Góra Kalwaria. The 13.3-hectare plot will be used for the Good Point IV project, a modern manufacturing and industrial facility offering a total of 50,000+ sqm of top-quality warehousing space with office facilities for lease.

The global developer of industrial properties intends to build more huge logistics space in its Prologis Park Budapest-Sziget II complex. More than 114,000 sqm of new space is in the pipeline in the park that is near the M0 ring road.

E-commerce clothing giant Shein will start operations in the area of almost 55,000 sqm in Panattoni Park Wrocław South Hub as early as this quarter. The developer has already leased half of the planned 250,000 sqm in the Lower Silesian complex.

While the leasing of industrial spaces crossing for the first time the 1 million sqm milestone in 2022, the deliveries of new projects will total around 550,000 sqm during this year, which should take the total stock to a fresh high of 7 million sqm, according to real estate consultancy CBRE.