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.




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New leases

  • MLP Group has bolstered the tenant mix at MLP Poznań West by welcoming Stockly, a 3D printing specialist. The company has leased 2,400 sqm of warehouse and office space, with operations already underway via early access. A full handover is expected in December 2026. Stockly was represented by Rock Estate during the transaction.
  • Echo Investment has signed a lease agreement with Auchan Polska for 1,200 sqm of retail space within Fuzja, a flagship multifunctional complex in Łódź. The retailer is scheduled to open the outlet during the summer of 2026.
  • 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.

New appointments

  • iO Partners has appointed Constantin Banu as Business Development Director for its Industrial and Land segments. With over 25 years of experience in the Romanian real estate sector, Banu is widely credited with helping shape the local logistics market. In his new role, he will oversee expansion strategies for the two segments.
  • 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.


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