by Property Forum | Industrial

Knauf Industries Polska, the world’s leading polystyrene processor, has renegotiated its lease agreement and increased its warehouse and office space in Panattoni Park Wrocław II to 18,000 sqm. The tenant was represented during the negotiation process by real estate advisory firm Cresa.

Knauf Industries Polska is part of the Knauf Group and a specialist in plastic-based solutions for the manufacturing industry. It is currently the world’s largest company in its field of business and a partner for industrial sectors such as household appliances, electronics, automotive, HVAC (heating, ventilation and air-conditioning), food and construction. Ever since its inception, Knauf Industries Polska has offered products made using expanded foam moulding and plastic injection technologies, including insulation, technical parts, packaging and mouldings. To provide efficient customer services, it has 42 processing plants in eight countries.

Panattoni Park Wrocław II is located in Nowa Wieś Wrocławska, by the A4 motorway, 14 km from the centre of Wrocław and 13 km from Wrocław Airport. It is a distribution park offering 60,600 sqm of warehouse and office space. The owner of Panattoni Park Wrocław II is TFI PZU S.A.

The processing plant of Knauf Industries near Wrocław has been manufacturing components by thermoplastic injection moulding for the automotive industry for many years. Its broad product portfolio includes interior and exterior car parts and seat components. Two years ago its production range was extended to include pneumatic forming of car mouldings from expanded polypropylene (EPP) for all car parts, from passive safety items such as shock absorbers, seats and headrests through to car boots.

“The warehouse and office space in Panattoni Park Wrocław II was tailored to the requirements of Knauf Industries Polska. Good relations with the landlord were one of the reasons why our client decided to renew its lease and to expand. The tenant also appreciates convenient access to the park which is important to both its employees and business partners,” says Miłosz Borkowski, Senior Associate, Industrial and Warehouse Department, Cresa Poland.

“We are pleased to have negotiated lease conditions that were approved by both parties to the transaction. Panattoni Park Wrocław II provides Knauf Industries Polska with a springboard for further growth,” says Marcin Łukoszko, Senior BTS/BTO Advisor, Industrial and Warehouse Department, Cresa Poland.