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%.




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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