Panattoni Europe buys warehouse and land in Lodz

10
Aug
2016
News - Panattoni Europe buys warehouse and land in Lodz #development #industrial #investment #Lodz #Panattoni Europe #Poland #Savills

by Ákos Budai | Investment

International real estate advisor Savills, on behalf of Aviva Investors has sold a Small Business Unit type warehouse and a 3.5 ha development land situated in Łódź Business Park. The buyer was industrial developer Panattoni Europe. 


Łódź Business Park consists of two buildings A1 and B1 developed in 2011 according to the highest market standards for Small Business Unit type of properties. The subject of the transaction was the B1 building which comprises 2,900 sqm of rentable area with 43 parking spaces and a development land of 35,000 sqm.
 
Łódź Business Park is situated at Dostawcza 3A in the south-eastern part of Łódź, within the city borders. The location enables convenient access to the city center and access to the planned motorway bypass of Łódź – part of the A1 motorway. The subject property management was locally represented by WB Real Estate Asset Management.



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