Panattoni announced the launch of a pan-European fund that will invest in sustainable, income-producing logistics properties. The Panattoni Income Fund is domiciled in Luxembourg and has an open-ended structure. It is aiming to raise €300 million of equity by 2026 and acquire €600 million of assets, developed and managed by Panattoni. Panattoni’s owners and management team will be co-investing.

Warehouse tenants are adopting increasingly advanced technologies to meet client requirements, but at the same time, they also need to be mindful of employee wellbeing. Standard buildings in industrial parks are not enough. Companies need customised warehouses and tailor-made solutions, say experts from Newmark Poland.

European Logistics Investment (ELI), a logistics platform operating in the Polish market owned by Redefine Properties, Madison International Realty, and Griffin Capital Partners, has completed the construction of two warehouses in Silesia. The first is in Knurów and has been fully leased to Fortaco Group; the second is located in Ruda Śląska and is let to Konimpex.

CTP has leased an additional 10,000 sqm at its CTPark Warsaw South to Polish logistics operator TAS Logistyka sp. z o.o. It will now occupy 25,000 sqm of warehouse space, an increase of 67 per cent on the original space leased.

Panattoni has fully commercialised City Logistics Kraków Airport II, its latest project in Małopolska. A second tenant has been found for the development completed in July this year and is to take up 20,050 sqm.

The Polish industrial and logistics market continues its strong growth momentum, reveals BNP Paribas Real Estate Poland in its latest report for the second quarter of 2024. With robust occupier activity and stable volumes of new construction, Poland is among the top European industrial markets.

Greykite European Real Estate Fund has commenced its deployment programme with the acquisition of a major logistics portfolio in Poland. Comprising three properties in Warsaw, Stryków and Gliwice, the portfolio will form the initial investment in a new €300 million joint venture with White Star Real Estate, a Central Europe-focused real estate developer and manager. White Star, the minority JV partner, developed the properties and will continue in its role as asset and property manager.

MDC2 and Fortress Real Estate Investments Limited have finalised the lease of approximately 25,000 sqm within MDC2 Park Łódź South. The tenant is Oriflame Holding AG, the owner of the Oriflame brand. It will start its operations at MDC2 Park Łódź South in Q1 2025. The investment was also previously chosen by Notino, which distributes cosmetics, perfumes and over-the-counter medicines from this location.

Panattoni is extending its operations to the Baltic States, namely Lithuania, Latvia and Estonia. This new initiative is a response to the growing needs of customers for modern industrial solutions such as BTS.

Fiege has leased more than 16,000 sqm in Panattoni Park Goleniów I, which is its third location in the Western Pomerania province. Cushman & Wakefield was responsible for providing assistance during the choice of location, negotiations and lease strategy development.