Panattoni delivers 22,000 sqm warehouse park in Kraków

12
Apr
2024
News - Panattoni delivers 22,000 sqm warehouse park in Kraków #Allegro #Kraków #logistics #Panattoni Europe #Poland #warehouse

by Property Forum | Industrial

Panattoni has built another investment in Lesser Poland. City Logistics Kraków Airport II is located near the Kraków-Balice International Airport, where a new cargo terminal is being constructed. The facility is suitable for e-commerce and last-mile logistics. The investment was made on a speculative basis and already has its first tenant - Allegro.


The Kraków industrial real estate market is characterized by relatively low saturation and a record-low vacancy rate. Panattoni has already completed over 270,000 sqm of industrial space in the region, of which approximately 50,000 sqm is in the City Logistics formula. Now, the developer has completed the construction of City Logistics Kraków Airport II with an area of 21,850 sqm and has put into use the first stage leased by Allegro.

"City Logistics Kraków Airport II is perfectly located and already provides excellent exposure to the market in the capital of the region. It is an attractive proposition for companies in the e-commerce industry and those operating in urban logistics, which was already appreciated by the first tenant - Allegro", says Filip Noworól, Senior Leasing Manager at Panattoni, adding, "The investment adjacent to the Kraków airport is being delivered at an ideal time. The construction of a new cargo terminal is currently underway, which will increase the transport capacity of the port to 8,000 tons per year. With the development of cargo traffic in Balice, the business potential of our latest park will naturally grow."

Allegro is already conducting processes related to sorting parcels with its Allegro One Box parcel lockers. The client also uses individually adapted office and social space.

Thanks to the small minimum rental modules - about 1,650 sqm - the facility is a proposition for small and medium-sized enterprises looking for space near Kraków. City Logistics Kraków Airport II is located in Cholerzyn, close to the A4 motorway junction, which will allow for efficient connections with key centres in southern Poland - such as Rzeszów, Katowice, or Wrocław, as well as the south-western and south-eastern border.

The facility will undergo BREEAM certification at the Excellent level. Additionally, strengthening the roof surface will allow for the future installation of photovoltaic systems. Low-emission steel was used in the construction, and the insulation of the walls has been increased compared to current standards. Thanks to the solutions applied the annual EP index, i.e., the annual non-renewable primary energy demand of the building, has been reduced by more than 10%.




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New leases

  • IAG GBS Poland, the shared services arm of the International Airlines Group (IAG), has finalised a lease renewal for 2,246 sqm of office space within the O3 Business Campus in Krakow. The decision to remain in the current location followed a comprehensive market analysis and workplace audit conducted by Savills.
  • Golden Star Estate has secured two ground-floor tenants at its Warsaw-based Konstruktorska Business Center. 5 SENSES has signed as the new canteen operator, occupying 560 sqm of ground-floor retail space. Concurrently, CONTRACT Meble Biurowe has extended its commitment to the property. The firm, which has operated a publicly accessible showroom at the site since 2021, renewed its lease for 350 sqm on the ground floor.
  • American retailer GAP entered the Romanian market at Fashion House Militari, followed by the launch of an Italian Stefanel store at Fashion House Pallady, with a further Stefanel location scheduled to open shortly in Militari.

New appointments

  • Avison Young has strengthened its Polish leadership with three senior promotions. Patryk Błach ascends to Associate Director within the Investment Advisory Department. Kamil Głowienka has been named Senior Project Manager. Furthermore, Katarzyna Uzar becomes a Valuation and Innovation Specialist, tasked with integrating technological solutions and coordinating global departmental projects.
  • Katarzyna Myjak has joined Axi Immo as Senior Business Advisory Manager, tasked with strengthening the company’s Industrial & Logistics business line.
  • Czech investment group SCF has expanded its team by appointing Jan Simandl as Senior Leasing Team Leader. In this role, Simandl will oversee leasing activities across the company’s commercial property portfolio. He previously worked for CPI Property Group and CBRE.


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