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.



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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