Panattoni completes 35,000 sqm warehouse in Głogów

25
Oct
2022
News - Panattoni completes 35,000 sqm warehouse in Głogów #FM Logistic #logistics #Panattoni Europe #Poland #warehouse

by Property Forum | Industrial

Panattoni has completed another development in Lower Silesia in Poland. On October 25th in Głogów, the opening ceremony took place for a development for FM Logistic. The logistics operator is now to serve the e-commerce operations of Maxi Zoo, a leading pet store chain owned by the Fressnapf Group.


Panattoni is growing throughout Lower Silesia and has now delivered more than 2 mln sqm of space. Among other projects, the developer recently launched its Wrocław South Logistics Hub, which will be the largest development in the region with an eventual build-out area of 247,000 sqm. The business is also developing in other locations across the region including Legnica and Głogów, where the development’s opening ceremony has just been held for FM Logistic. The company has leased 35,000 sqm in Panattoni Park Głogów and representatives of Panattoni, FM Logistic and Fressnapf were all present for the ceremony as well as representatives of the municipal authorities headed by Głogów mayor Rafael Rokaszewicz.

FM Logistic has signed a long-term contract to store goods and serve the B2C logistics needs for the e-commerce channel of the Fressnapf Group’s leading pet store chain, which operates in Poland under the international brand name of Maxi Zoo. The company is looking to expand fast and estimates that the number of orders from individual customers in both Germany and Poland that are to be served from Głogów could be as many as 4 mln by 2023. The centre will allow the Fressnapf Group, which owns 1,800 stores across eleven European countries, to expand its online sales segment.

“Currently, almost every sector is developing online operations and over the last few years Panattoni has become a specialist in developing space suited to such needs. Already, around a third of all our developments now serve the needs of e-commerce, which – in Poland alone – comes to around 4 mln sqm. Everything seems to show that the share of this space taken up by pet stores is going to grow. In the end, online sales of pet food alone grew by more than 50% during the pandemic. Many international players in this sector now admit that online retail even accounts for half of their sales. The Fressnapf Group presents an excellent example of how this channel is developing,” says Damian Kowalczyk, The Development Director at Panattoni For Lower Silesia and the Opole region.

“Głogów is a new warehouse in a new region for FM Logistic in Poland. We came here looking for a location that would meet the needs of our client, for whom being close to the German border was a crucial issue. Here, the development by Panattoni turned out to be ideally suited to our needs. We also met a very warm welcome from the town authorities, who have been exceptionally helpful and open to new businesses. We have already been running Fressnapf’s logistics operations from Głogów since June and now we face new challenges, a rising number of orders and the implementation of new automated processes. We are ready for this and we are glad that we can grow together with our clients", says Yannick Buisson , Western and Central Europe Managing Director, FM Logistic.

Panattoni Park Głogów meets the requirements of BREEAM certification for a rating of ‘Excellent’.

For the operator, one of the key benefits of the development was its location around 110 km from the German border with Poland, while also being a similar distance from the Poland’s southern border with the Czech Republic. The Park is barely 10 km from the S3 expressway, the region’s main transport corridor which connects Głogów with Zielona Góra and Szczecin while also providing ready access to the A4 motorway to the south and the A2 motorway to the north. 




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New leases

  • mBank, the digital banking company in Poland, has decided to relocate its largest corporate branch in Lower Silesia to the Infinity office building in Wrocław. The company will occupy nearly 1,300 sqm on the fourth floor of the building. The tenant will move into the development owned by Avestus Real Estate and Alchemy Properties in January 2027.
  • GSP Global Solutions Provider has further expanded its cooperation with CTP by leasing an additional nearly 7,000 sqm in CTPark Budapest Vecsés on a long-term basis.
  • Lighting solutions provider Luxiona has secured 430 sqm of office space at the Warsaw-based Greenwings Offices complex. The site will serve as the company's Polish HQ and a dedicated showroom for its lighting range. Axi Immo represented the tenant in the transaction.

New appointments

  • Krzysztof Wróblewski (MRICS) has been named Head of Portfolio Management CEE at Peakside Capital Advisors, responsible for overseeing investments and managing the real estate portfolio. He succeeds Christopher Smith in this role.
  • Garbe Industrial is reorganising its senior leadership team. CEO Christopher Garbe will now focus on strategic orientation and international activities. Jan Philipp Daun assumes leadership of the Development division alongside his existing Investment and Joint Venture responsibilities. Andrea Agrusow expands her remit to include Portfolio Management while retaining control of Commercial and Real Estate Management. Additionally, Michael Marcinek and Maik Zeranski will now jointly head the restructured Development unit as Management Board Members, succeeding Adrian Zellner.
  • CPI Property Group is strengthening its leasing structure with the appointment of Agnieszka Baczyńska as Head of Leasing. In her new role, she will be responsible for shaping and executing the leasing strategy across the group’s office and retail portfolio in Poland. At the same time, Izabela Potrykus has been appointed Leasing Office Director. Baczyńska brings more than 20 years of experience in the commercial real estate market. Prior to joining CPI Property Group in 2022, she served as International Leasing Director at Neinver Polska.


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