Panattoni Europe expands in Zielona Góra

28
Feb
2019
News - Panattoni Europe expands in Zielona Góra #development #industrial #logistics #Panattoni Europe #Poland

by Property Forum | Industrial

Panattoni Europe increases the supply of warehouse space in Lubuskie. The developer has bought land for new investments and announces the expansion of Panattoni Park Zielona Góra up to in excess of 130,000 sqm, planned in six buildings. At present, close to 75,000 sqm are under construction and over 50,000 sqm more will get under way before the end of Q1 2019.


Having succeeded in the main warehousing markets – Central Poland, Greater Poland, Upper and Lower Silesia, and Warsaw – Panattoni Europe, as the only one developer in the industry to date, recognised the investment potential of smaller municipalities, establishing emerging markets. One of them is Zielona Góra, which by the end of this year will offer approx. 130,000 sqm of modern production and warehouse space at Panattoni Park Zielona Góra.
 
The developer has announced the expansion of its proprietary multi-tenant distribution centre. At present, Panattoni Park Zielona Góra comprises 74,831 sqm of modern warehouse and production space with a view to the development of further 50,000 sqm – the developer has bought land to extend the centre. The construction of Panattoni Park Zielona Góra was initiated in late 2017, and the project quickly found its customers, representing various business sectors. Among them were a manufacturer of wheelchair components (Reac Components), as well as logistics operators (FIEGE and PEKAES, for whom a special cross-dock was built) and a leading manufacturer of wood panelling and imitation wood products. Space at the park, some 30,000 sqm, was also leased by expondo Polska – one of Europe’s leading online stores with professional equipment. The warehouse takes up 29,750 sqm, while office and staff facilities, featuring a state-of-the-art glass facade - 2,750 sqm.
 
Panattoni Park Zielona Góra is situated at the Lubuski Industrial and Technological Park, belonging to the Kostrzyn-Słubice Special Economic Zone. Its location a short distance from a railway line and a regional road running towards the planned bridge on the Oder in Milsko, close to the Racula junction connecting to the S3 route, guarantees an efficient land connection to major markets in the country and abroad.
 
The Lubuskie region, including Zielona Góra, is a dynamically growing part of the country which attracts many investors, from both Poland and abroad. This is confirmed by Panattoni Europe investments – before embarking on the construction of Panattoni Park Zielona Góra, the developer completed two manufacturing facilities in the region: one for Faurecia in Gorzów Wielkopolski and the other for Ideal Automotive in Zielona Góra.



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New leases

  • Cordon Electronics, a specialist in electronics and advanced technologies, has renewed its lease agreement at MLP Pruszków II, in the immediate vicinity of Warsaw. The company will continue to occupy a total of 7,770 sqm of modern space, a footprint that includes 458 sqm dedicated to office operations.
  • mBank, the digital banking company in Poland, has decided to relocate its largest corporate branch in Lower Silesia to the Infinity office building in Wrocław. The company will occupy nearly 1,300 sqm on the fourth floor of the building. The tenant will move into the development owned by Avestus Real Estate and Alchemy Properties in January 2027.
  • GSP Global Solutions Provider has further expanded its cooperation with CTP by leasing an additional nearly 7,000 sqm in CTPark Budapest Vecsés on a long-term basis.

New appointments

  • Krzysztof Wróblewski (MRICS) has been named Head of Portfolio Management CEE at Peakside Capital Advisors, responsible for overseeing investments and managing the real estate portfolio. He succeeds Christopher Smith in this role.
  • Garbe Industrial is reorganising its senior leadership team. CEO Christopher Garbe will now focus on strategic orientation and international activities. Jan Philipp Daun assumes leadership of the Development division alongside his existing Investment and Joint Venture responsibilities. Andrea Agrusow expands her remit to include Portfolio Management while retaining control of Commercial and Real Estate Management. Additionally, Michael Marcinek and Maik Zeranski will now jointly head the restructured Development unit as Management Board Members, succeeding Adrian Zellner.
  • CPI Property Group is strengthening its leasing structure with the appointment of Agnieszka Baczyńska as Head of Leasing. In her new role, she will be responsible for shaping and executing the leasing strategy across the group’s office and retail portfolio in Poland. At the same time, Izabela Potrykus has been appointed Leasing Office Director. Baczyńska brings more than 20 years of experience in the commercial real estate market. Prior to joining CPI Property Group in 2022, she served as International Leasing Director at Neinver Polska.


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