Panattoni to build 25,000 sqm industrial park in Kraków

07
Dec
2023
News - Panattoni to build 25,000 sqm industrial park in Kraków #development #industrial #Krakow #logistics #Panattoni #Poland

by Property Forum | Industrial

Panattoni has launched the construction of City Logistics Kraków III, the latest 25,000 sqm development on the city limits. Walraven, an international producer of installation fixings, is to occupy almost 4,500 sqm.


This year at the end of the third quarter, Panattoni completed around 50,000 sqm within Kraków and had a further 10,000 sqm still under construction. Now the developer has launched another project. Construction work on City Logistics Kraków III will be completed at the end of August 2024. “Upon completion of this project, a quarter of our entire stock in Małopolska will comprise urban developments. This proves how important Kraków is as a regional centre. The city is booming and attracts international companies as it is the second largest city in the country in terms of population with an excellent location for the transit of goods between East and West and also has easy access to a highly-educated workforce thanks to colleges such as AGH, the Jagiellonian University and the Cracow University of Technology. Our job is to build a base of modern industrial space to further stimulate this growth,” comments Filip Noworól, Senior Leasing Manager w Panattoni.

City Logistics Kraków III will provide Walraven’s Polish subsidiary with almost 4,500 sqm. Walraven is a producer and supplier of installation fixings for construction, sanitation, ventilation and fire safety. This space, with its increased storage capabilities, will become the company’s new central location in the country and will enable the company to provide a wider range of services to the market in Poland as well as to further expand in Europe. Walraven’s new Polish headquarters will comprise a warehousing area and a two-storey office section.

City Logistics Kraków III is to be built next to the Pleszów bus and tram terminal and as a result, workers will have an easy connection to the centre of the city. The location also benefits from being close to the S7, which connects the park with Warsaw and Gdańsk. 

The new park is to be environmentally certified under BREEAM for a rating of Excellent. Panattoni is to install an intelligent energy management system, water-tight taps and outdoor lighting controlled by daylight sensors. The developer is also to strengthen the roofs ready for the installation of solar panelling. Saplings and bushes to enrich the local ecosystem are to be planted as well as flower meadows that require no mowing. Workers at the centre will be able to make use of a relaxation area as well as facilities for cyclists and electric vehicle charging stations.




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New leases

  • 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.
  • Yareal Polska has expanded the commercial offering at its flagship SOHO mixed-use development in Warsaw’s Praga-Południe district, securing three new lease agreements totaling nearly 500 sqm of ground-floor retail space. The developer has strengthened its tenant roster by signing pet supplies retailer Maxi Zoo, ceramics workshop Alike Pottery Studio, and coffee distributor Unroasted.

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  • 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.
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