Panattoni buys land in Kraków for new project

05
Sep
2024
News - Panattoni buys land in Kraków for new project #development #Krakow #lease #logistics #Panattoni #Poland

by Property Forum | Industrial

Panattoni has purchased a land plot where it is to build Panattoni Park Kraków East V. The launch of construction work is scheduled for October and the park’s first tenant – Highway Automotive – has already been found.


The developer continues to grow its portfolio of Kraków properties and has purchased a 9.6 ha plot in Zakrzów just 19 km from the centre of the city. Work is starting on a 30,000 sqm class A hall. The first tenant has already been secured with 8,000 sqm to be taken by Highway Automotive, a vehicle parts distributor for trucks buses, and heavy machinery, including components for air conditioning, engines and cooling systems as well as for controlling exhaust emissions. From this location, the company is to serve markets throughout the world starting from May 2025.

“Our company is growing rapidly, becoming bigger every year. To fulfil our plans, we need a centre that is ideally suited to the needs of our expected growth, but also optimised to meet the needs of our logistics operations and the work of our warehouse and office team. Panattoni Park Kraków East V 100% meets our requirements. The centre’s design is based on our needs and its superb location will be yet another extremely important advantage. We are extremely please with our future change in location as well as with our continued work with Panattoni,” comments Paweł Łysień, the COO of Highway Automotive.

The new park, in line with the developer’s standard, is to undergo BREEAM environmental certification for a rating of Excellent.




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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