Panattoni buys 26 ha of land near Bytom

30
Jun
2023
News - Panattoni buys 26 ha of land near Bytom #Bytom #logistics #Panattoni Europe #Poland #Silesia #warehouse

by Property Forum | Investment

Panattoni is undertaking another large-scale project in Silesia. The company has bought 26 ha of land and has launched work on its first development in Bytom, which is to comprise three industrial buildings. The location allows for easy access to key cities both within the country and throughout the Central European region.


At the end of Q1 2023, Panattoni had already delivered 2.5 mln sqm of industrial space in Silesia. Now, the company has bought more land for its projects, this time on ul.Węglowa in Bytom. The project, which is eventually to comprise 131,000 sqm will provide tenants with a  location in the centre of the GZM Metropolis. Five national roads run through Bytom, as well as the A1 motorway and two regional roads including the main communication routes to Kraków, Wrocław, the Czech Rebublic and the Polish  coast.

“Bytom has all the benefits of the region with good communications and a wide range of sites with utilities. The city does not have much modern industrial space so its development potential in this respect is huge”, says Aurelia Rachtan, the Senior Development Manager at Panattoni .

“Investors looking at Silesia like the well-developed infrastructure and the access to qualified labour but most of all they remark on the business-friendly approach of the local government institutions, which are supportive of business development. The involvement of local authorities, which included road building and extending the water and sewage network by a few kilometres has also been a huge support in preparing the development of Panattoni Park Bytom. We are extremely thankful and much appreciate their help, which always makes it a pleasure for us to return to Silesia,” adds Aurelia Rachtan.

The land has been supplied by GTB Metropolis, a Silesian-based firm that has completed the legal and technical preparations for the site.  “I was convinced that we were going to find a buyer for our land, who would be attractive to the Bytom administrative district. It is a superb location just next to the bypass and near a junction on the A1 motorway as well as close to the centre of Bytom. I am very glad that this buyer turned out to be Panattoni, the most active warehouse developer in Poland”, says Mike Musil, the Vice-president of GTB Metropolis.

“Bytom is an attractive place to locate a business. Being in the very centre of the GZM Metropolis and having superb communications as well as a large pool of labour are the factors that attract investment. Investors have already discovered nearly all the plots in our Special Economic Zone having bought them up within three years”, says Michał Bieda, the Deputy Mayor of Bytom. “We are pleased that Bytom’s great investment climate attracts such renowned companies as Panattoni. We will make every effort to make sure the investment runs smoothly while also ensuring a sustainable approach to the surroundings and the environment,” adds Michał Bieda.

The development will be environmentally certified under BREEAM for a rating of ‘Excellent’. The developer is to employ solutions to limit the emission of CO2 and the use of energy and water as well as to ensure the roofs and walls meet a higher-than-normal standard of insulation. Intelligent lighting and HVAC systems are also to be used. Moreover, workers in the centre will be able to use a green area in front of the offices and cycling facilities, and will also have easy access to public transportation.




New leases

  • UDH, one of Poland’s largest distributors of premium imported beers, has leased approximately 1,400 sq m of modern warehouse and office space at the Park Rysy Kraków distribution centre. The tenant, which has chosen to expand its operations in southern Poland, was once again represented by AXI IMMO.
  • Golden Star Estate has secured a long-term lease agreement with global technology solutions and consulting provider C&F for nearly 1,900 sqm of office space at the Konstruktorska Business Center. Following the transaction, the property, located in Warsaw’s Mokotów business district, is now almost fully leased. The Polish branch of C&F will officially relocate to the facility at the beginning of 2027.
  • Natland Group has committed to its long-term presence at Prague-based Rohan Business Center through a lease extension covering 2,004 sqm of office space, together with storage facilities and dedicated parking spaces, in a deal brokered by iO Partners.

New appointments

  • Indotek Group has announced the appointment of Diederik Bakker as Group Chief Investment Officer and Group Head of Asset Management. In his new role, the Dutch real estate investment professional will gradually assume responsibility for the company's ITAM (investment, transaction, and asset management) activities across 12 European countries, supporting the next phase of Indotek Group’s growth. His focus includes facilitating sound investment decisions across Europe and developing a group-level portfolio management strategy that combines local market knowledge with international asset management know-how.
  • Peakside Capital Advisors has appointed Bogi Gabrovic to advise the board and support its investment and acquisition activities in Poland. Gabrovic brings more than 25 years of CEE real estate experience to the role, having previously held senior executive positions at CTP, Golub & Company, and White Star Real Estate, where she managed transactions exceeding €2 billion.
  • Katarína Brydone, Jana Vlková and Vendula Maršová have been appointed as the first Equity Partners of Colliers’ Czech business. Brydone brings more than 20 years of experience in international real estate. Vlková has more than 25 years of experience in commercial real estate. Maršová, Partner and Head of Valuation and Advisory Services, brings more than 16 years of experience in real estate valuation and advisory.

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