Panattoni has finalised the sale of two industrial developments near the administrative capital of the Lower Silesian region. Together, Panattoni Park Wrocław East, and Panattoni Park Wrocław S8 South comprise a total area of almost 43,000 sqm. The price and the buyer have not been disclosed. 

VGP has announced the establishment of a new 50:50 Joint Venture named “Saga” with Areim, an independent fund manager and property owner headquartered in Stockholm. The Saga Joint Venture will focus exclusively on key European markets, including France, Germany, the Czech Republic, Slovakia, and Hungary.

Direct marketing company Mediapost Hit Mail has leased 19,000 sqm in Chitila Logistics Hub, the industrial project jointly developed by Global Vision and Globalworth. The lease transaction was brokered by Colliers.

With the upcoming introduction of mandatory non-financial reporting, which will require companies to report on how they are performing in the areas of environment, employee relations and responsibility, and ethical working practices, industrial and logistics companies are taking a keener interest in sustainable solutions. This interest is then reflected in their demands for the properties on which they are based. Research by Colliers shows that the sustainability issue has so far been most commonly addressed by large multinationals, who expect properties to be equipped with sustainable technologies such as heat pumps, heat recovery units, energy-efficient smart lighting and photovoltaics. Experts from Colliers predict that interest in this topic will also increase next year but among smaller local companies. 

The construction of a modern distribution centre by HAVI Group has begun. The new distribution centre in Velika Gorica will cover an area of 8,300 sqm. HAVI has entrusted the process of location selection and tendering the developer to CBRE. 

Panattoni has received its second loan from Alior Bank. This time, the developer was granted financing of almost €6.5 million to build a BTS project for Air Spiralo – a manufacturer of ventilation systems. 

Real estate advisory firms and the Polish Investment and Trade Agency (PAIH) expect Poland to relocate substantial manufacturing operations from Asia. Many nearshoring projects have already been launched, but such processes are very time-consuming and require complex preparations.

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.

After nearly 16 years, the site of the unsuccessful “Żubr” housing estate project in Podłęże near Kraków is back in use and changing its purpose. The new plan for the site is an international logistics service centre. MCG EastBridge, a new company within the Maszoński Logistic Group, has already begun operations in the region, Axi Immo reports.

Savills has negotiated a pre-lease of warehouse space for Flosman, a Czech company engaged in the retail and wholesale of food and pharmaceuticals. The lease covers 8,000 sqm of warehouse and almost 600 sqm of office space in the CSPPark Planá NL project (in Southern Bohemia). The hall is planned to be operational in the third quarter of 2024.