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Panattoni has secured financing from mBank for its latest project in the Małopolska region of Poland. The €26 million funding will be used to develop the new logistics complex, Panattoni Park Kraków East V.

With warehouse and industrial stock of nearly 35 million sqm, Poland’s market has stabilised at a healthy level. In 2024, take-up rose by 4 per cent year-on-year. Meanwhile, development activity slowed significantly, with only 1.75 million sqm under construction in December, down from 2.8 million sqm at the same time in 2023 and from over 4.6 million sqm at its peak in 2021, says Newmark Polska. 

More than 2.6 million sqm of industrial and logistics space was delivered across Poland in 2024. While this was below the new supply levels recorded in previous years, the Polish market remains in good shape. Vacancy rates edged down, with development activity driven by demand coming from retail and 3PL, according to BNP Paribas Real Estate Poland’s latest report. 

Accolade will deliver another BTS facility for one of the Poland’s largest private courier operators. The warehouse will cover 11,400 sqm and will be part of Panattoni Park Lublin IV, where Accolade already owns two buildings totaling 52,000 sqm.

Deutsche Pfandbriefbank AG (pbb) has underwritten an investment facility, totalling €120 million to refinance a logistics portfolio located across Poland for EQT Real Estate. pbb acted as arranger and sole lender under the facility.

A leader in fashion retail has leased 56,000 sqm at Panattoni Park Legnica (Lower Silesia, southwestern Poland). 

Prologis has acquired from P3 a logistics park in the Warsaw region. Prologis Park Grodzisk spans nearly 70,000 square meters across four warehouse buildings, strategically located 35 kilometres from Warsaw. The price has not been disclosed.

Panattoni has secured €74.5 million in financing from PKO Bank Polski. The loan will support the development of Wrocław Campus 2 – one of the developer’s largest investments in Lower Silesia (southern Poland).

European Green Logistics Space (EGLS), the new investment and development company headed by logistics real estate veteran Ian Worboys, has hired Marta Gorońska-Wiercioch to lead its activity in Poland.

Panattoni is expanding its cooperation with LPP Logistics. The logistics operator from the LPP Group – the largest fashion company in the CEE region – has leased over 18,000 sqm at Panattoni Park Bydgoszcz II.