Panattoni has begun construction work on a new distribution building in Panattoni Park Poznań IX. Rhenus Logistics S.A. – part of the Rhenus Group – is to take up 18,000 sqm. The building will be ready for use from June next year.
Ekol Poland has rented 23,500 sqm in Panattoni Park Poznań VII, on which it will carry out logistics processes for the outdoor clothing producer - Regatta. The implemóented operations will ensure integrated sales, both in the e-commerce channel and in stationery stores, as well as support wholesalers. The lease transaction was mediated by Axi Immo.
After acquiring nearly 93% of stocks of Polnord listed on the Warsaw Stock Exchange, Cordia is one of the first companies to launch a new residential project in Poland following the alleviation of the pandemic. The company has started the presale of more than 200 homes being built in its first project in Gdańsk. Hungary’s leading residential developer is also active in Poznań, where it is preparing its largest-ever Polish residential investment with a large-scale urban rehabilitation. For the company, the Polish market is particularly important as it proved to be stable even during the years of the global crisis in 2008-2009.
According to Cresa Poland, the office market in Poznań is heading towards achieving supply-demand balance. Within one year, office stock in Poznań increased by almost 11% and amounted to over 580,100 sqm by the end of March 2020. The average annual growth rate for this market in the years 2012–2020 was at the level of 11%.
Panattoni has started the implementation of two sorting plants for DPD Polska. They will be built as part of Panattoni Park Gdańsk Airport and Panattoni Park Poznań X, each of which will have an area of approximately 3,600 sqm. The tenant will start operating in spring 2021.
In 2019, Poznań saw its total office stock expand by nearly 18% to 564,800 sqm following the delivery of ten office projects totalling 85,700 sqm. Cushman & Wakefield has summarised last year on Poznań’s office market.
M7 Real Estate has sold three assets in Poland, on behalf of an M7 vehicle, PVBRI. Two office buildings in Poznan has been sold to local investors, while a shopping centre located in Zgorzelec has been acquired by DL Invest Group.
RF CEE Real Estate SCA SICAV – RAIF, an investment fund owned by the Polish Reino Capital and Australian Corvala, has bought the Malta House office building in Poznań. Avison Young represented the seller in the transaction.
A second building with 27,000 sqm, of which 9,500 sqm will be taken up by DSV Road, will be erected at the existing Panattoni Park Poznań IV. Following the extension, the park will total 62,000 sqm, and in the future will reach its target size of 87,000 sqm.
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