Panattoni has completed the sale of Panattoni Park Rzeszów North, a 90,000 sqm logistics complex in Poland, to pan-European asset management firm Arete Investment Group for close to €60 million. The facility is fully leased and consists of two class A buildings completed in early 2023.
"Poland has established itself as a cornerstone of the European logistics map, driven by strong fundamentals, nearshoring dynamics, and thriving occupier demand," says Marek Dobrzycki, Partner at Panattoni. "Assets such as Panattoni Park Rzeszów North, with its scale, long lease and sustainability profile, demonstrate how institutional capital is increasingly attracted to Poland and the wider CEE region."
The complex is located next to the A4 motorway and S19 route, just one kilometre from Rzeszów-Jasionka airport. The main tenant is LPP Group, which uses the facility as a key logistics hub supporting e-commerce customers throughout Central and Eastern Europe, including Germany, the Czech Republic, Slovakia, Hungary and Ukraine. The centre can handle up to 100,000 orders daily and store more than 7 million products.
"This transaction underlines the liquidity of the Polish logistics market and the appetite of global investors for well-located, fully let industrial assets," says Michał Stanisławski, Co-Head of Capital Markets Poland at Panattoni. "The sale to Arete once again confirms that Panattoni's long-term strategy of delivering sustainable facilities is aligned with investor expectations."
The complex features LED lighting, water-saving installations, EV charging points, bike shelters with charging stations, and biodiversity-friendly landscaping including wildflower meadows and insect habitats.
