ARTICLES LABELLED WITH TAG Panattoni Europe

In Wrocław, Panattoni Europe has completed phase one of City Logistics Wrocław I, with 36,700 sqm built and fully leased, and as of August works are starting on phase two – to deliver an additional 25,000 sqm. The facility tailored to the needs of tenants seeking small units will be ready in Q1 2020.

Panattoni Europe is building 90,000 sqm of space across three parks the outskirts of Poznań – in Jaryszki (Panattoni Park Poznań VII), Komorniki (Panattoni Park Poznań IV), and Swadzim (Panattoni Park Poznań IX), with 200,000 sqm more planned. The developer is also investing in Cuiavia-Pomerania. Construction works at Panattoni Park Toruń II with more than 62,500 sqm are about to start in the coming July. The distribution centre will be put into operation as soon as Q1 2020.

Panattoni Europe has laid the cornerstone for the largest logistics centre of Carrefour Poland in the country. It is going to be a BTS facility featuring in excess of 63,600 sqm. The project will be delivered in Central Poland in Rawa Mazowiecka. Completion of construction works is anticipated towards the end of 2019.

Panattoni Europe has embarked on the construction of Panattoni Park Zabrze with planned space of 64,200 sqm. The distribution centre is being built in a historic industrial part of the city, and has already secured its first tenants. They are – a beer producer set to take up 5,400 sqm and Ban-Food, a logistics operator with 2,200 sqm. The first 20,000 sqm will be available already this autumn.

Soon after announcing the construction of S5 Wrocław North Gate, Panattoni Europe revealed another project in Lower Silesia – Panattoni Park Wrocław XI. The investment, planned to total 100,000 sqm, has become number one for Pantos Logistics. The company will take up 72,000 sqm in the park to run operations for LG Chem, LG Electronics and others. The project as a whole is scheduled for completion on 30 November 2019.

Panattoni Europe has embarked on the construction of Panattoni Park Silesia South in Bieruń, 7 km from the centre of Tychy. The project will total 73,000 sqm, and its first tenant is Havi Logistics, poised to take up 13,000 sqm. The 35,000 sqm to be delivered in phase one of the project will be available already in the coming October. HAVI was advised in the deal by JLL.

Panattoni has announced new logistics developments in three Polish cities: Gdynia, Warsaw and Wroclaw. Completion of the projects in Warsaw and Wroclaw is planned for the second half of this year while Panattoni Park Tricity North will be opened in early 2020.

Panattoni Europe announced the development of Panattoni Park Opole. The project, with the scheduled area of nearly 48,600 sqm, will be developed within the city limits and will be dedicated to multiple tenants. The launch of construction is scheduled for Q2 2019.

Panattoni Europe commenced the construction of Panattoni Park Sosnowiec II, totalling nearly 80,000 sqm. Panattoni Europe will also build an e-commerce logistics centre totalling in excess of 44,800 sqm for Amazon in Pawlikowice near Łódź, providing permanent jobs to more than 1000 people.

Real estate transaction volumes in 2018 were the strongest on record reaching US$1.75 trillion; a 4% year-on-year (y/y) growth and surpassing previous highs of US$1.68 trillion in 2017, according to new data from global real estate services firm Cushman & Wakefield.