Panattoni has begun its biggest urban warehouse development in Warsaw. City Logistics Warsaw Airport IV with over 45,000 sqm is to be constructed near Warsaw’s Chopin Airport. In the first stage, a warehouse building is to be built that will be occupied by a tenant from the logistics sector.

Industrial developer CTP has sold €750 million worth of green bonds with a 6-year maturity and a fixed coupon of 4.75%. The offering was oversubscribed 5.5 times and recorded a total order book of more than €4.1 billion at its peak.

Logistics provider LIT Logistyka Polska has extended its lease in Panattoni Park Wrocław VII and expanded its warehouse premises to nearly 12,500 sqm. The lease agreement was renegotiated on behalf of the client by real estate advisory firm Newmark Polska.

P3 Logistic Parks has begun construction of a new logistics hub called P3 Wrocław I, which will be optimised for the needs of the e-commerce sector. The entire 265,000 sqm park has already been fully leased to one tenant. Colliers Poland advised on the transaction.

Palmira has acquired a property in Kragola, between Poznań and Łódź, for the European Core Logistics Fund (ECLF). Built in 2014 and tenanted by Eurocash S.A., the asset provides around 38,100 sqm of hall space and 1,600 sqm of offices. The vendor was Mirae. The parties have agreed not to disclose the purchase price.

LCube enters 2024 with projects planned on purchased plots with a potential of 100,000 sqm and has secured additional land of about 65 hectares, which will enable the construction of another 300,000 sqm of warehouse space. Negotiations are also underway regarding another 20 hectares, which the company intends to reserve by mid-year. This provides a cumulative potential for the realization of over half a million square meters.

LemonTree will build Booster Zabrze in cooperation with Commercecon. It will be business complex with offices and service and logistics space, with a total area of 111,000 sqm, as well as green and public spaces. The investment is to be built directly at the Drogowa Trasa Średnicowa (Silesian Central Motorway) and the intersection of the A1 and A4 motorways. 

Panattoni finalised the sales of twelve industrial parks across Poland in 2023. The total combined value of the transactions comes to ca. €500 million.

Panattoni has launched work on the third building of Panattoni Park Ruda Śląska II, which is to be fully occupied by Konimpex a company involved in the trade, logistics and distribution of chemical and industrial raw materials.

A leading regional parcel logistics operator has secured industrial space at East Gate Pro Business Park, developed by Wing. The third hall of the park was completed last year, and the fourth one is to be completed by the end of 2024.