Panattoni gets €75 million financing for its park in western Poland

20
Nov
2024
News - Panattoni gets €75 million financing for its park in western Poland #Citi #financing #logistics #Panattoni Europe #Poland #warehouse

by Property Forum | Industrial

Panattoni has been granted a €75 mln loan by Citibank (London Branch). The funds are to finance Panattoni Park Sulechów III.


“Due to the confidence of our partner – Citibank – we were able to finance one of the largest logistics centres in the Lubusz region. Here, an international company now has an excellent base where it can expand its European activities, in particular its e-commerce operations. We are pleased that this project will result in the strengthening of our client’s market position”, says Emilia Taczewska-Trojańska, Head of Debt Finance Poland at Panattoni.

Originally, the designs for Panattoni Park Sulechów III comprised a 90,000 sqm building constructed to the requirements of a leading e-commerce operator, but later the client took the decision for the building to be extended by a further 46,000 sqm.

The building has been certified under BREEAM with a rating of Excellent and is fitted out with a range of environmentally friendly solutions such as BMS systems, intelligent lighting, and a roof suitable for the installation of solar panels.




Latest news


New leases

  • Panattoni has commenced construction on the latest phase of Panattoni Park Gorzów II, developing a bespoke BTS warehouse for DPD Polska. The facility will encompass 5,300 sqm tailored to the courier company’s operational requirements. DPD Polska is scheduled to begin operations at the new site in August 2026.
  • Romanian strategic advisory firm Infinexa Restructuring has relocated its HQ to GTC’s City Gate South Tower in Bucharest. The move supports their integrated approach to delivering complex debt restructuring, insolvency mandates, and preventive procedures for distressed companies.
  • Sports Direct has leased 1,700 sqm in XOPark Sofia for its first Bulgarian store, in a deal brokered by CBRE.

New appointments

  • Panattoni has promoted Nick Cripps to the position of Head of International Capital Markets for Europe, the UK, the Middle East, and India. Based in London, Cripps is tasked with leading the firm’s global capital markets strategy across 18 diverse markets. He joined Panattoni five years ago as Head of UK Capital Markets.
  • PSN has expanded its acquisitions team with the arrival of Martin Šrytr as Business Development Manager. Most recently, he served as Real Estate Expansion Manager at Twistcafe Group, supporting the company’s EMEA growth. His previous experience includes consulting at Cushman & Wakefield, advisory roles at Prochazka & Partners, and management positions within IWG.
  • iO Partners has announced key leadership changes within its Czech Republic operations as part of its ongoing business evolution. Milan Kilik has been appointed as the new Head of Office Leasing, with a particular focus on client advisory and team collaboration. Concurrently, Petr Kareš has transitioned into the role of Occupier Business Development Director. In this new capacity, he will be responsible for identifying new market opportunities and integrating services across Tenant Representation, Project Management, and Industrial Leasing.


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