Panattoni Europe invests in Tricity

02
Jul
2018
News - Panattoni Europe invests in Tricity #Gdansk #industrial #logistics #Panattoni Europe #Poland #TriCity #warehouse

by Property Forum | Industrial

Panattoni Europe nears the finish line with the launch of its fourth logistics centre in Tricity. Panattoni Park Gdańsk IV, with 41,500 sqm planned at full build-out, is only 4 km away from the Port of Gdańsk and the deep-water container terminal DCT Gdańsk, and the first tenants will be able to move into it already in the coming August.


The developer is nearing completion of the first stage of Panattoni Park Gdańsk IV, planned to total 41,500 sqm at full build-out. To date, the company has delivered close to 76,000 sqm in two projects – in Pruszcz Gdański and at ul. Elbląska, with another 80,000 sqm under development in Panattoni Park Gdańsk III and IV.
 
As explained by Marek Dobrzycki, Managing Director, Panattoni Europe: “Tricity is a relatively new market with a great potential, enhanced by the ongoing investments in road and seafaring infrastructure. They attract both logistics operators, for whom the warehouses in Tricity often serve as the first link in the Poland-wide distribution chain, and manufacturing enterprises – particularly from beyond the northern border. Warehouse space in Gdańsk is also popular with companies involved in large-scale online trade”.
 
The construction of Panattoni Park Gdańsk IV was launched in early 2018, and the first tenants will be moving in already in August. This time the location chosen for the new distribution centre is a site across from the Gdańsk Refinery, at ul. Elbląska. In the land acquisition process, the developer was assisted by the advisory firm Querco Property.
 
Panattoni Park Gdańsk IV comprises two class A warehouse halls totalling nearly 41,500 sqm and offers lease opportunities of warehouse and production space, tailored to the individual needs of clients from different business sectors. Individual units are suitable for logistics, distribution, storage and light manufacturing applications.



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