Panattoni completes its largest project in Małopolska

06
Sep
2023
News - Panattoni completes its largest project in Małopolska #Almus #industrial #Kraków #Panattoni Europe #Poland #Trivium #warehouse

by Property Forum | Industrial

Panattoni has completed Panattoni Park Kraków North, its largest project in Małopolska with an area of over 56,500 sqm. Trivium Packaging is to occupy around 21,000 sqm while Almus is to take up over 25,000 sqm. These are two of the largest leases signed by Panattoni in the region.


Panattoni Park Kraków North is now almost completely commercialised. “At first this was not an obvious location for the Kraków market. Nonetheless, Panattoni’s strategic, long-term view, which is what tenants value, has paid off. By the end of next year, a section of the S7, which is of key importance, will have been built and eventually it will join Gdańsk with Poland’s southern border. Moreover, two international airports Kraków-Balice and Katowice-Pyrzowice can be found within 100 km of the park. Additionally, the village of Wężerów, where the development lies, is located at such a distance from Kraków that it can offer competitive conditions while still having excellent connections to the city. This is an attraction for international companies, but also for local firms that can consolidate their operations when they are spread out over smaller areas”, says Michał Samborski, Head of Development at Panattoni.

The first tenant is global metal packaging manufacturer Trivium Packaging, which took up 21,000 sqm in the first quarter of the year. The business has a currently operational chemical packaging production facility, which it is moving to the Małopolska park. The centre is also to be used for spraying and packing. The company is to serve the markets of Poland and numerous other European countries from Panattoni Park Kraków North. The Kraków factory will be the benchmark for Trivium Packaging’s European portfolio. The project has been developed to the highest standards of sustainable construction and is to be awarded a BREEAM certificate with a rating of ‘Excellent’. This will ensure significant reductions in energy and water usage as well as in CO2 emissions. 

The second building, which was handed over at the end of Q2/beginning of Q3, has an area of 25,000 sqm and is also to be certified for a BREEAM rating of ‘Excellent’. The entire area has been occupied by hygienic and industrial paper manufacturer Almus. For this, Panattoni prepared a special fire-protected zone for the storage of the components used in the production of toilet and kitchen rolls. The park’s location allows for the company’s further development in the region from which it comes from. Almus has a manufacturing centre in Słomniki, and the centre will allow the company to consolidate dozens of smaller storage facilities and thus allow it to streamline its logistics operations.

“The large leases signed with Trivium Packaging and Almus demonstrate not only how prudent the decision was to locate the park in Wężerów but also how much potential Małopolska holds for manufacturing companies. Panattoni makes an excellent partner for them by providing both factories and the warehouse and logistics facilities that are crucial to supply chains”, says Michał Samborski.




New leases

  • 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.
  • Yareal Polska has expanded the commercial offering at its flagship SOHO mixed-use development in Warsaw’s Praga-Południe district, securing three new lease agreements totaling nearly 500 sqm of ground-floor retail space. The developer has strengthened its tenant roster by signing pet supplies retailer Maxi Zoo, ceramics workshop Alike Pottery Studio, and coffee distributor Unroasted.

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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