Stella Pack to take up 17,000 sqm in Panattoni Park Lublin II

22
Aug
2022
News - Stella Pack to take up 17,000 sqm in Panattoni Park Lublin II #industrial #Lublin #Panattoni Europe #Poland #Stella  Pack #warehouse

by Property Forum | Industrial

Panattoni has leased out 17,000 sqm in Lublin to Stella Pack, one of the largest distributors of chemical cleaning products and a producer of hygiene products. The leasing agreement was brokered by consultancy BNP Paribas Real Estate.


Stella Pack operates effectively from the Lubelskie region where it has warehouses and a factory and, from January 2023, it will use 17,000 sqm of new warehouse and production space within Panattoni Park Lublin II. 

“Our decision to increase and consolidate our production and warehouse space is yet another milestone in the development of Stella Pack. In this way, we are going to adjust our production and logistic resources to meet the needs of a rapidly changing market. Drawing on the experience of Panattoni, we can quickly and effectively raise our quality and improve our capabilities to serve our clients while we ensure both a high standard of our work and prepare for the further development of our company” - explains Juliusz Żuławski, Logistics Director, Stella Pack S.A.

“When we started development in Lublin over seven years ago, we saw that both the Lubelskie region and all of Eastern Poland had huge potential that in time would be transformed into interest from tenants. This next leasing agreement for space in Panattoni Park Lublin II is confirmation of how right that decision was. It also motivates us to further expand our local portfolio, which already comprises 190,000 sqm and is set to grow by a further 51,000 sqm in the new year. What especially pleases us is that, once again, one of our developments has turned out to be an excellent fit for the operations of a client and it will allow them to expand, which will have a positive effect on the entire market” – says Katarzyna Osińska, Development Director from Panattoni.

International consultancy BNP Paribas Real Estate Poland was involved in the transaction. "The Panattoni Park Lublin II location was an ideal fit for Stella Pack’s business model. I am immeasurably pleased that, through the signing of this contract, the tenant will soon be able to develop their business in high-class production and warehouse space ideally suited to their needs" - says Martyna Kajka, MRICS, Associate Director in the Industrial – Logistics Department, BNP Paribas Real Estate Poland.

Two steps from Via Carpathia. Panattoni Park Lublin II, where Stella Pack has leased space, is located in the Niemce administrative district, 8 km from the Lublin bypass, nearby the S19 expressway and the planned route of the Via Carpathia transnational highway, which is to run down the entire length of the EU’s eastern border and at the same time join together the separated regions of the east of Poland including such cities as Białystok and Rzeszów. The nearest junction onto this road is planned to be built just 500m from the park.

Panattoni Park Lublin II will eventually comprise three buildings with 84,500 sqm. The tenants of the complex include Varroc Lighting Systems, a leading producer of next-generation indoor lighting systems and electronics to control vehicles for the automation industry.  The company occupies over 25,000 sqm.  




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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