ARTICLES LABELLED WITH TAG Radom

Panattoni is opening up another market - this time the developer has chosen Radom, the largest city in Mazowsze following Warsaw. The Panattoni Park Radom distribution centre, which will have an area of 44,200 sqm at full build-out, is being constructed 10 minutes from the S7 and 10 km from Warsaw-Radom airport. The first two buildings with a combined area of 13,500 sqm are to be completed at the end of 2022/beginning of 2023 and they already have tenants from the logistics and grocery sectors. 

Panattoni is to build an advanced hi-tech manufacturing and warehouse complex for AZZ Specialty Welding Europe, a provider of specialised welding services for customers in various business sectors, including fossil power, refining, waste-to-energy, chemical processing and nuclear power. The 12,820 sqm facility will be located in Radom. The construction project is scheduled to begin in the third quarter of 2020, while the tenant should be able to move in in March 2021.

REICO, Česká spořitelna’s real estate fund manager, expanded its Polish portfolio by the acquisition of the Galeria Sloneczna shopping centre in Radom. The value of the fund’s new acquisition is approximately €164 million (CZK 4.3 billion). The seller is an American insurance group that developed the asset in a joint venture partnership with AIG/Lincoln (now White Star Real Estate).