Panattoni completes BTS for Corning Inc. near Warsaw

09
Sep
2022
News - Panattoni completes BTS for Corning Inc. near Warsaw #BTS #Corning #industrial #Panattoni #Poland #Warsaw

by Property Forum | Industrial

Panattoni built and is leasing a new, custom-fit facility to Corning Incorporated, a manufacturer of low-loss optical fibre. The facility is located in Mszczonów, a city near Warsaw, and is more than 20,000 sqm. It was customized to meet Corning’s specific manufacturing requirements for low-loss optical fibre production and to meet demand for high-speed connectivity in Europe and surrounding regions.


“We worked with Panattoni to develop a facility that can house our state-of-the-art manufacturing process and meet our precise manufacturing specifications,” said Corning plant manager Mariusz Bielawski. “Our new facility enables us to continue delivering optical fibre to our European customers at a time when demand is surging for 5G, broadband, and the cloud.”

Marek Dobrzycki, Managing Director, Panattoni commented on the realisation of the high-tech factory for Corning: "This project is an exciting challenge for us. Working with Corning allows us to add service to a completely new industry to our portfolio. The production of state-of-the-art optical fibres requires a very specific working environment; however, tailor-made projects are our speciality, so we delivered a product that meets the customer's expectations. The excellent location near Warsaw and key roads also creates excellent conditions for further development."

The location in the Warsaw region, only 40 minutes from the capital centre, facilitates access to qualified staff and scientists. The proximity of the A2 motorway leading to Berlin and the S8 route towards Prague in the Czech Republic is also significant. 




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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