Industrial developer Panattoni has secured €24 million in financing from Bank Pekao for the construction of Panattoni Park Białystok III, currently the only Class A facility available to tenants in the Podlaskie Voivodeship.

Panattoni has started construction of Panattoni Park Białystok III, a 32,000 sqm logistics facility set for completion in Q1 2026. Four tenants have already signed lease agreements for the development.

Redkom Development is commercialising a new retail park in Białystok. The scheme will provide approximately 14,000 sqm of leasable area and host around 25 retail and service units. A key anchor tenant will be Biedronka, whose 1,200 sqm supermarket is expected to attract strong daily footfall.

Over 16,400 sqm GLA currently supplies the Białystok market with the Wysocki Retail Park, which was created on the basis of the former Outlet Białystok project. The owner, Newgate Investment, planned and implemented the processes of reconstruction and recommercialization of the former outlet with an original GLA of 13,336 sqm. As a result of the changes introduced, the area of the facility increased by over 3,000 sqm and the NOI level increased by approximately 70%. Redevelopment projects initiated by Newgate Investment began in 2021. The final stage is currently underway. Newgate Investment manages a real estate portfolio consisting of 30 commercial facilities with a total lettable area exceeding 126,000 sqm. The rental level of the property is close to 100%.

The completion of the industrial park in Choroszcz, a Białystok district, has been announced. The Czech investor made its debut in the region in 2018 with an investment in an industrial park in Białystok. Currently, Accolade owns facilities totalling approximately 80,000 sqm in the Białystok region. Both Park Białystok I and the nearby Park Białystok II in Choroszcz remain fully leased. All the parks in Accolade's portfolio are BREEAM certified and aligned with the specifics of each region.

The 92-room building is the first Mercure hotel in Białystok. The central element of the hotel is giant bison - the symbol of the region.

Warimpex, a real estate development and investment company based in Vienna, has appointed Savills as the exclusive leasing adviser for office space in its new office complex located in Białystok at the junction of Bohaterów Monte Cassino and Wyszyńskiego streets. The phased project is expected to break ground this year.

Two new industrial buildings with a total area of 38,000 sqm are planned to be built in Bialystok. With a total investment of more than €33 million Accolade continues to develop its portfolio in Eastern Poland. The first tenant of the Class A warehouse will be InPost, a Polish-based complex logistics operator. Building A, which will be built during the first phase of the project, will be handed over to the tenant in September.

Panattoni Europe continues its expansion in north-eastern Poland. The developer has leased out 100 per cent of space at Panattoni Park Białystok I and announced the development of the second distribution centre in the heart of Podlasie. Additional 35,000 sqm will be delivered this year at Panattoni Park Białystok II.

Panattoni Europe opened Panattoni Park Białystok, featuring in excess of 41,000 sqm of Class A logistics and industrial space. The park is a multi-tenant facility suitable for a range of industries – from logistics to production. The complex is currently 60% leased.