Industrial developer Panattoni has obtained bank financing to start the construction of City Logistics Warsaw IX in Targówek, which is one of its urban parks in Warsaw. The company got €10.5 million from Bank Gospodarstwa Krajowego for the new development. 

Industrial developer Panattoni has purchased over 4 ha of land in Bieruń, where it plans to develop a new industrial park. The company has already delivered two industrial parks in the area and will expand its presence on the new plot that is based close to the Stellantis car factory. 

Industrial and logistics developer Panattoni has delivered Panattoni Park Bydgoszcz IV, which comprises three buildings with a total area of 110,000 sqm. The project has been fully leased out to companies specialized in production, logistics and FMCG

Panattoni has been granted a €27.5 million loan by Berlin Hyp to finance a distribution centre in Zakroczym developed for Action. The centre, which is to supply 160 stores from the chain and employ around 300 people, was constructed as a BTS (built-to-suit) development.

Panattoni has signed a new lease contract for the Panattoni City Dock Törökbálint complex, which opened in May. Food wholesaler and distributor Bidfood will lease two-thirds of Building A.

Panattoni Hungary has officially opened its first logistics centre near Budapest. Panattoni City Dock Törökbálint offers 17,000 sqm of modern industrial space in four buildings. The value of the investment has not been disclosed.  

The Hungarian branch of the global developer Panattoni is going to build a 64,000 sqm logistics complex near the Budapest Liszt Ferenc International Airport at the junction of the M0/M5 motorways. The facility, planned to be delivered in two phases is scheduled to open next year.

Panattoni sees continuing interest from investors: in the first quarter of the year the company completed transactions in Poland worth a combined total of over €300 million. The developer's activity has spawned the need for a new position - Head of Asset Disposition - which has been filled by Michal Stanisławski.

Panattoni increasingly invests in post-industrial land. The share of brownfield sites in the developer's overall portfolio is steadily increasing. In countries such as Germany, France and the Czech Republic, they now even make up more than half of all of its projects under development. Altogether, this type of development now accounts for one-third of the total space completed by Panattoni in Europe and they are a perfect fit with the sustainable development strategy followed by the developer.

Panattoni is developing its portfolio in the vicinity of Warsaw. The developer has completed the development of almost 40,000 sqm as part of its City Logistics Warsaw IV project in Annopol. Half of the space is to be taken up in July this year by TRUMPF Huettinger. The production plant is to serve markets that include the US, Japan, Korea and China.