Panattoni gets financing for Ruda Śląska project

24
Jun
2024
News - Panattoni gets financing for Ruda Śląska project #Bank Gospodarstwa Krajowego #financing #midocean #Panattoni Europe #Poland #Ruda Śląska

by Property Forum | Industrial

Panattoni has been granted €16.5 million in financing from Bank Gospodarstwa Krajowego (BGK) for the development of its Panattoni Park Ruda Śląska IV project. Construction work was launched in March on 34,000 sqm of  warehousing space. A major tenant has also already been acquired with midocean leasing 21,000 sqm.


“Panattoni Park Ruda Śląska IV is a building in the very centre of the Silesian urban area, the region where we are most active and where investors and tenants show unwavering interest. We are proud that Bank Gospodarstwa Krajowego has seen the potential of our new project in Ruda Śląska. The €16.5 million loan will allow us to quickly develop modern warehousing space that meets the highest standards of sustainable development”, comments Karina Trojańska, the Chief Financing & Operating Officer at Panattoni.

The new centre is to be ready in October this year. It is to be environmentally certified under BREEAM for a rating of Excellent and the installation of solar panelling as well as other energy saving solutions will allow for its primary energy usage to be significantly reduced. The investment site has already been revitalised and the local ecosystem is to be strengthened with the planting of trees and bushes. As part of the development, Panattoni is also to modernise the local road system to improve its safety and increase traffic flow.

Panattoni Park Ruda Śląska IV with its location in the centre of the Silesian urban area near the A1 and A4 motorways is ideal for effective national deliveries with the park being well connected to cities such as Wrocław, Kraków, Łódź, Toruń and Gdańsk. Furthermore, both of these motorways provide access to Poland’s borders with the Czech Republic to the South, Germany to the Northwest and Ukraine to the East, giving the location huge international potential.




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New leases

  • Froo Romania, a subsidiary of the Żabka Group, has relocated its HQ to the Bucharest-based Hermes Business Campus. The retailer secured around 2,900 sqm of office space in a transaction facilitated by Colliers.
  • Court One has signed a lease for approximately 6,300 sqm of space at MLP Business Park Vienna. The tenant, a subsidiary of the Padeldome group, is currently Austria’s largest operator in the sector, managing 42 courts across four locations in the capital.
  • Polish fashion and lifestyle brand Medicine has accelerated its domestic expansion, headlined by the opening of its largest store to date, a 985 sqm flagship at the Silesia City Center in Katowice. This strategic scale-up is mirrored by simultaneous growth in several regional markets, including a new 740 sqm unit at Magnolia Park in Wroclaw and a 600 sqm extension at Galeria Warmińska in Olsztyn. The retailer further bolstered its Silesian presence with a 500 sqm location at Pogoria Shopping Centre and a new opening at CH Platan, significantly increasing its total floor space across Poland.

New appointments

  • Avison Young has promoted Bartłomiej Krzyżak and Marcin Purgal to the roles of Co-Heads of the Investment Department in Poland. Krzyżak, previously Senior Director, brings 18 years of commercial real estate experience, having joined Avison Young in 2017. Purgal, also a former Senior Director and a member of the Royal Institution of Chartered Surveyors (MRICS), transitions into the co-head role with 23 years of experience in the CEE commercial markets.
  • Avison Young has strengthened its Polish leadership with three senior promotions. Patryk Błach ascends to Associate Director within the Investment Advisory Department. Kamil Głowienka has been named Senior Project Manager. Furthermore, Katarzyna Uzar becomes a Valuation and Innovation Specialist, tasked with integrating technological solutions and coordinating global departmental projects.
  • Katarzyna Myjak has joined Axi Immo as Senior Business Advisory Manager, tasked with strengthening the company’s Industrial & Logistics business line.


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