ARTICLES LABELLED WITH TAG Lublin

Panattoni has obtained a loan from Alior Bank to support the expansion of its latest investment in the Lublin Voivodeship. The €14 million will be allocated to developing an 11,190 sqm build-to-suit (BTS) facility for one of the logistics operators.

Accolade will deliver another BTS facility for one of the Poland’s largest private courier operators. The warehouse will cover 11,400 sqm and will be part of Panattoni Park Lublin IV, where Accolade already owns two buildings totaling 52,000 sqm.

7R Park Lublin East I, a 111,000 sqm logistics park, is now fully leased. The final and key tenant is Stock Polska, one of Poland's largest alcoholic beverage producers, which plans to move into the new location in the second half of 2025. The company has leased 57,000 sqm of warehouse space.

Panattoni continues its investments in the East of Poland with the handover of another development in the Lublin region. The first tenants are now starting their operations in Panattoni Park Lublin IV.

According to data from Cushman & Wakefield, Lublin is the leading Polish city in terms of retail space saturation for schemes exceeding 5,000 sqm. Its space saturation rate is 1,094 sqm per 1,000 inhabitants compared to 831 sqm for Warsaw – the most mature retail market in Poland. Paradoxically, this does not preclude further growth for developers active in this market. There is still room in the city for traditional retail parks that are developed in alternative locations - frequently on the outskirts – and are anchored by tenants offering convenience shopping geared to the day-to-day needs of inhabitants.

Kostal Automobil Elektrik, a German-headquartered system supplier to the automotive sector, has signed a lease for over 17,000 sq m of manufacturing space in Panattoni Park Lublin IV. The company was advised on the choice of location and during the negotiations by Cushman & Wakefield.

Panattoni has been granted financing for Panattoni Park Lublin II with an area of around 84,000 sqm. The €48 million loan was granted by Bank Pekao SA.

Panattoni launched the construction of Panattoni Park Lublin IV in March. Eventually, the centre will comprise almost 55,000 sqm. The main support for the development is €32.8 million of financing from Alior Bank.

The latest investment by Accolade in Poland will be located in Świdnik and provide easy access to the Lublin region. It will offer 54 000 sqm of modern warehouse space. The industrial park in Świdnik will consist of two buildings. The majority of the space was already leased to three companies from the manufacturing and logistics industries. The park will be located just 1 km from the border of the city of Lublin, where Accolade already has another warehouse park. Accolade has been present in the region since 2015, and their investment here will amount to over 130,000 square meters, with the total value of the investment in Lublin voivodeship amounting to €115 million.

Having delivered nearly 200,000 sqm in the Lublin region, Panattoni has purchased more than 10 ha within the Economic Activity Zone in Świdnik and has started construction of Panattoni Park Lublin IV. The investment will occupy 53,900 within two buildings and will be delivered later this year. The complex already has 3 tenants, including high-tech manufacturing companies.