Panattoni opens new BTS facility in Żary

22
Nov
2023
News - Panattoni opens new BTS facility in Żary #BTS #development #industrial #Panattoni #Poland

by Property Forum | Industrial

Panattoni has completed and officially opened a BTS facility for Vita Group, an international polyurethane foam manufacturer, within Panattoni Park Żary. The developer plans to expand the park by an additional 7,000 square meters, with the new space being adapted to the specifics of the future tenant's operations.


Panattoni's BTS branch is rapidly expanding: in the CEE region, it already has over 100 customer-tailored facilities, including several technologically advanced manufacturing plants. In Poland alone, the developer has delivered nearly 4 million square meters in the BTS and BTO format – almost 30% of the country's space. A particular region in this regard is the Lubuskie Voivodeship, where custom-tailored facilities account for about 60% of the total space delivered by Panattoni – 375,000 square meters out of approximately 630,000 square meters. Now, another investment improved this result. On November 22, the developer officially opened a BTS facility within Panattoni Park Żary for Vita Group, an international polyurethane foam manufacturer, which will use 8,000 square meters of space. 

"The location of the Żary park turned out to be ideal for Vita Group's international operations. Currently, the Lubuskie Voivodeship is one of the most prospective locations not only in Poland but also in Europe, and European and global companies, which will be increasingly present here, need facilities tailored to their standards and processes. We believe that today's opening is an excellent foundation for further cooperation between Panattoni and Vita Group, especially since we tailor to the needs throughout Poland and Europe," summarized Maciej Zawada, BTS Development Director at Panattoni.

The next tenant will be able to take advantage of the huge potential of the park, as Panattoni plans to expand by 7,000 square meters in the BTS format. It will allow the facility to be adapted to manufacturing, logistics, or warehousing processes.

Panattoni Park Żary is located just 30 30-minute drive from the border with Germany, near the European E36 road, connecting the Lubuskie Voivodeship with Berlin. The journey to the Czech border takes two hours. The investment is being carried out in the Investment Zone of the Żary Municipality, making it even more attractive to the client.




New leases

  • UDH, one of Poland’s largest distributors of premium imported beers, has leased approximately 1,400 sq m of modern warehouse and office space at the Park Rysy Kraków distribution centre. The tenant, which has chosen to expand its operations in southern Poland, was once again represented by AXI IMMO.
  • 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.

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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