Panattoni completes BTS for The Vita Group in Western Poland

17
Jan
2023
News - Panattoni completes  BTS for The Vita Group in Western Poland #BTS #Panattoni Europe #Poland #Vita Group #warehouse

by Property Forum | Industrial

Panattoni has finalised another built-to-suit development in the Lubusz region. The Vita Group – Europe’s largest supplier and producer of polyurethane foam – will start using 8,000 sqm of space in Panattoni Park Żary in the second quarter of 2023. 


Western Poland and the Lubusz area have over the last few years become a centre for tailor-made investments and due to the region’s proximity to the German border, an operations hub for many international businesses.

This location is already from the second quarter of 2023 to be used by The Vita Group, which is transferring its operations from one of its former centres to Panattoni Park Żary. The Park is located near the E36 expressway, which provides it with direct access to Berlin. The development is to be tailored to meet the needs of processing foam for the furniture industry and the developer is to provide above-standard fire safety features.

“Being located in Żary superbly aligns with our strategy and will allow us to effectively support the development of the region. We will serve both the Polish and the German markets effectively from our new centre,”  says Wiesław Pacyna, the General Manager, of Vita Polymers Poland sp. z o.o. and he adds: “Thanks to the high-quality space provided by Panattoni, we will be able to assure high work standards for all the building’s users. The well-being and sustainable construction solutions are a major benefit of our work together.”

“With the development for The Vita Group, once again the area has demonstrated its huge potential for the industry. Already in Żary, Syncreon operates from a built-to-suit centre constructed by Panattoni, from which it runs a modern electrical equipment repair centre. Such effective developments could foreshadow further BTS developments right here,” says Maciej Zawada, the BTS Development Senior Manager at Panattoni.

“The huge potential of the Lubusz region and the whole of Western Poland would be difficult to tap into if it were not for the support and involvement of the local authorities. The Wójt of the Żary administrative district as well as other officials perfectly understand how attractive this is as a place for business. and so they will create an environment to maximise and foster its development. It is a great pleasure to work with such a partner and it leaves me wishing that all other administrations in Poland would take on such an approach,” adds Marek Foryński, the BTS Managing Director at Panattoni.

Panattoni Park Żary is to eventually comprise 15,000 sqm of which 8,000 sqm are to be the BTS development for The Vita Group. The development is under construction barely 30 km from the German border near to European road E36, which connects the Lubusz region with Berlin. Moreover, the park is only to be 2 hours by road from the border with the Czech Republic. The development is being built in the Gmina Żary Special Investment Zone, which makes it even more attractive to the client.

 




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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