ARTICLES LABELLED WITH TAG Panattoni

Panattoni built and is leasing a new, custom-fit facility to Corning Incorporated, a manufacturer of low-loss optical fibre. The facility is located in Mszczonów, a city near Warsaw, and is more than 20,000 sqm. It was customized to meet Corning’s specific manufacturing requirements for low-loss optical fibre production and to meet demand for high-speed connectivity in Europe and surrounding regions.

Developer Panattoni is going to build a new large hall for 700 workers of the automotive industry in the Panattoni Park Pilsen West II. The hall will be custom-made for the American company Shape Corporation and the hall should be finished in the first half of 2023, says Colliers who negotiated the deal that was one of the largest in the first half of this year. 

Panattoni has marked its debut in Asian markets with the opening of its first operational headquarters in India located in Bengaluru, the capital and largest city in the southwest state of Karnataka. Panattoni India is led by Managing Director, Sandeep Chanda, formerly head of strategy & acquisitions at Embassy Industrial Parks.

Panattoni has started construction of a speculative 17,300 sqm last-mile logistics warehouse project in Törökbálint, about 12 kilometres from Budapest's city centre. The launch of Panattoni Park Budapest City West follows the company’s market debut in Hungary in 2021 with the acquisition of two land sites totalling 100,000 sqm near the capital.

Panattoni is developing its latest project tailored for a global brand. A leading global logistics company is to operate on 32,000 sqm of the BTO facility, which is being built in Robakowo near Poznań. Construction work started in May, and in late 2022 or early 2023, the client will gain access to the property. Over 20,000 sqm of the space is designated for the automatic sorting of parcels. The project is to be BREEAM certified and will feature, among others, a 900 kWp solar farm and a heat pump.

The pan-European developer, which entered the Hungarian market a relatively short time ago, sees a lot of opportunities in the countryside to build logistics centres for different end-users. Property Forum asked László Kemenes, Managing Director of the Hungarian branch about the company's plan for expansion and tackling the current general difficulties in the property industry.

Panattoni is planning to deliver a complex of almost 70,000 sqm just 10 km from the centre of the city. A leading provider of modern logistics services in Poland is its first tenant, leasing around 9,000 sqm.

The entire development cost of logistics projects is increasing substantially and it will continue to do so, says Robert Dobrzycki, CEO & Co-Owner of Panattoni. He talked to Property Forum at MIPIM about uncertainties and the dynamic growth of the logistics sector in CEE.

Panattoni has begun constructing 8,700 sqm for InPost within the Central European Logistics Hub in Łódź. In 2021 alone, Panattoni completed logistics centres of nearly 100,000 sqm for InPost within eleven locations. Due to Panattoni’s completed projects both within city limits and on their borders, the end consumer receives quicker service including in small towns.

Panattoni has announced the official opening of a new logistics centre for Action in Bieruń near Tychy. The 60,800 sqm facility has been built as a BTS project and in record time. The project has been BREEAM certified at the ‘Excellent’ level, obtaining the highest score so far at this level among Polish facilities in this category (77.1%). Ultimately, more than 200 people will be employed in the facility.