Panattoni Park Łódź West II gets €25 million from mBank

21
Dec
2023
News - Panattoni Park Łódź West II gets €25 million from mBank #financing #logistics #Łódź #mBank #Panattoni Europe #Poland #Rohlig Suus #warehouse

by Property Forum | Industrial

Panattoni has been awarded financing to develop Panattoni Park Łódź West II – one of the biggest industrial projects in the western part of Łódź. A loan of €25 million has been granted by mBank.


When it comes to the volume of industrial space, the Łódź area is one of the top three regions in the country and at the end of the third quarter this year it also ranked among the top three for the highest developer activity in Poland with every seventh square metre being allotted to the region.

“In 2021, Łódź came top of the Business-Friendly Perception Index and was recognised to be the most business-friendly city of more than 200,000 people in Central and Eastern Europe ahead of 99 competing towns. The urban area continues to prove attractive for many industries that make use of modern warehousing, logistics and manufacturing space”, says Karina Trojańska, Chief Financing & Operating Officer – Poland at Panattoni. “Not long ago we launched construction work on Panattoni Park Łódź West II, one of the biggest projects in the western part of Łódź. Now, we have been awarded €25 million in financing  for the first  stage of the development. We wish to thank mBank for placing their trust in us and we are pleased that our projects can further the growth of business in this rapidly developing region”, she adds.

The construction of the first building has already begun. The current stage will comprise 51,000 sqm, of which 32,000 sqm is to be occupied by Rohlig Suus, a Polish logistics operator with an international reach. The new centre will enable Rohlig Suus to triple its operational capacity in the region as well as allow the company to expand the range of services it offers. Eventually, the park is to comprise two buildings with a combined area of over 84 000 sqm.

Above all, Rohlig Suus appreciates the location as well as the many solutions provided for improving the ecology and the wellbeing of the workers, all of which are to be confirmed by BREEAM certification. As part of the development, solar panels are to be installed as well as daylight sensors, and a BMS, while tenants will be able to use taps and sanitary fittings that save water as well as a low-emission gas heating system.

Panattoni Park Łódź West II is on ul. Langiewicza, near the S14 road, which joins the A2 motorway (Warsaw – Łódź – Poznań – Berlin) with the S8 expressway (Białystok – Warsaw – Łódź – Wrocław). The first building is to be handed over in the third quarter 2024.




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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