Panattoni starts large-scale Warsaw project

07
Aug
2019
News - Panattoni starts large-scale Warsaw project #industrial #logistics #Panattoni Europe #Poland #Warsaw

by Property Forum | Industrial

Panattoni Europe embarks on the largest project in the Warsaw region. The new facility, A2 Warsaw Park, will total 102,500 sqm of space and will be located next to the Grodzisk Mazowiecki Junction and the A2 motorway. The first tenant has already been secured – Raben Logistics Polska, taking up 30 per cent of the space. Project completion is planned for Q1 of 2020.


A2 Warsaw Park is another Class A warehouse project delivered by the developer in this area. The choice of Grodzisk was by no means random, it was dictated by the proximity of the A2 motorway, which is an important transport thoroughfare for both domestic and international logistics operations. It also provides a direct route to the German border, Poland’s main business partner. The new location will be the largest park in the Warsaw region, as well as providing tenants with an attractive alternative to warehouses in Błonie, along the Poznań route. It was precisely these considerations that motivated Panattoni Europe’s long-term partner, Raben Logistics Polska, to decide to lease 30,000 sqm at the new location. This is not the first collaboration between the two companies. To date, Raben Group has leased a total of 135,000 sqm of warehouse space from Panattoni Europe all over Poland.
 
Marek Dobrzycki, Managing Director, Panattoni Europe, comments on the commencement of construction works at the new facility: “Expanding our portfolio in such a strategic region is a key step in our business development. We are aware that the Warsaw market plays a very important role for Poland’s logistics. The local demand is massive, accounting for approx. 28 per cent of the overall demand for space in the country. This makes Warsaw and its surrounding area a leader in this category, partly thanks to the continually improving road infrastructure and the favourable investment conditions. The Warsaw metropolitan area constitutes one of the biggest nationwide logistics hubs, featuring the intersections of 6 national roads and 8 major railway lines. It makes for an attractive location for potential tenants”.
 
A2 Warsaw Park is a modern warehousing and office complex designed for both storage and light manufacturing operations. Like the developer’s other facilities, it will be adapted to the needs of different tenants, in terms of the technical specs as well as the individual arrangements of manufacturing, warehousing, office and staff spaces. For the tenant’s comfort, all drive-in gates into the facility will be placed at the ground level. Moreover, the spacious service yard is just 500 metres away from a direct entrance onto the A2 motorway in both directions. The distance to the Warsaw city centre and the Chopin Airport Warsaw is 30 km, and the Grodzisk town centre is 4 km away.



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New leases

  • IAG GBS Poland, the shared services arm of the International Airlines Group (IAG), has finalised a lease renewal for 2,246 sqm of office space within the O3 Business Campus in Krakow. The decision to remain in the current location followed a comprehensive market analysis and workplace audit conducted by Savills.
  • Golden Star Estate has secured two ground-floor tenants at its Warsaw-based Konstruktorska Business Center. 5 SENSES has signed as the new canteen operator, occupying 560 sqm of ground-floor retail space. Concurrently, CONTRACT Meble Biurowe has extended its commitment to the property. The firm, which has operated a publicly accessible showroom at the site since 2021, renewed its lease for 350 sqm on the ground floor.
  • American retailer GAP entered the Romanian market at Fashion House Militari, followed by the launch of an Italian Stefanel store at Fashion House Pallady, with a further Stefanel location scheduled to open shortly in Militari.

New appointments

  • 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.
  • Czech investment group SCF has expanded its team by appointing Jan Simandl as Senior Leasing Team Leader. In this role, Simandl will oversee leasing activities across the company’s commercial property portfolio. He previously worked for CPI Property Group and CBRE.


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