Panattoni gets financing for 50,000 sqm development near Gdańsk

18
Oct
2023
News - Panattoni gets financing for 50,000 sqm development near Gdańsk #logistics #mBank #Panattoni Europe #Poland #Regesta #TriCity #warehouse

by Property Forum | Industrial

Panattoni has been awarded a loan of over €32 million from mBank to develop the first building of Panattoni Park Tricity East V. Regesta is to operate its largest logistics centre in Poland from the centre.


Pomerania is one of the fastest-growing markets in the industrial real estate sector. At the end of 2018, the total stock of modern space in the region of Pomerania came to 450,000 sqm and by the end of 2022 it totalled three times as much. 

“Our new project will take advantage of the greatest benefits of the Tricity region.  It will be close to one of the largest ports on the Baltic as well as the urban area’s huge population. Gdańsk is one of a few cities in Poland where the population has grown over the last ten years and Gdynia is one of the regional administrative cities in the country with the highest populations. This is why the region attracts so many businesses, which gain the opportunity to operate internationally and for steady growth. We want to thank mBank for their trust and for laying another brick in making the Tricity even more attractive to business,” stated Karina Trojańska, the Chief Financing & Operating Officer at Panattoni. 

Panattoni Park Tricity East V will be close to the A1, which forms the bypass for the Tricity as well as for the Baltic Hub Deepwater Container Terminal. The development of the centre has just begun but already 36,000 sqm has been leased by Regesta, which will start operations from the centre in the first quarter of 2024. This will be the largest centre in the company’s Polish portfolio and its location will enable it to work with the port, to handle containers at the Baltic Hub and the BCT as well as to expand the range of services it offers for organising shipping by sea. The new space will come to over 35,000 sqm with block and shelf storage space as well as a picking and packing zone, an area for cross-docking, a bonded customs storage area, and modern offices for servicing, freight forwarding and a customs agency.

The development is to undergo BREEAM certification for a rating of Excellent and is to be fitted with numerous energy and water-saving solutions as well as solutions to improve the centre’s ecological impact, its biodiversity and the wellbeing of its users.




New leases

  • 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.
  • Yareal Polska has expanded the commercial offering at its flagship SOHO mixed-use development in Warsaw’s Praga-Południe district, securing three new lease agreements totaling nearly 500 sqm of ground-floor retail space. The developer has strengthened its tenant roster by signing pet supplies retailer Maxi Zoo, ceramics workshop Alike Pottery Studio, and coffee distributor Unroasted.

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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