Trigea nemovitostní fond has acquired City Logistics Wrocław II, an urban logistics park developed and managed by Panattoni. The asset is the second city logistics investment in Poland in Trigea’s portfolio. The parties agreed not to disclose the value of the transaction.

The total value of properties divested in 2022 by 7R totalled more than €430 million. This is historically a record year for the developer.

Panattoni has purchased just under 35 hectares of land and is to start construction work as soon as February this year. Panattoni Park Poznań A2 is to have a build-out area of almost 150,000 sqm. The development is to be situated near a junction on the A2, where the motorway crosses the S11 expressway. One building with an area of 82,000 sqm is to be occupied by a giant of the clothing industry while the remaining 62,000 sqm is being developed speculatively.

Saying goodbye to 2022 means welcoming a year of uncertainty for the fourth time in a row. Two pandemic years, war in Ukraine, historically high inflation and the upcoming spectre of recession have forced the Polish investment market to cope with tough times, says Avison Young Poland

The developer has already leased out around 58,000 sqm of the total 61,000 sqm of Panattoni Park Poznań West Gate. DFDS, a company that offers comprehensive transport and logistics services across the whole of Europe, is to use almost 10,500 sqm.

Panattoni has purchased 4 ha of land and is soon to start construction on Panattoni Park Warsaw South III Piaseczno, where it will immediately develop the entire area of around 20,000 sqm. The development is being constructed near to the S7 expressway and the Janki junction, which joins the national road S7 and the S8 expressway. 

Construction has just started in the second phase at East Gate Business Park. A total area of 9100 sqm will be available in the hall which offers space for production, assembly, fulfilment and storage purposes.

Bridgeston and ESA logistika have opened a 50,000 sqm tyre warehouse where tyres will be shipped for further distribution. The facility is located at at Panattoni Park Poznań East Gate.

Panattoni is supporting the upcycling of the machinery used to generate green energy. In 15 of the developer’s locations, environmentally-friendly outdoor furniture can be found, made from former wind turbines. In 2023, similar furniture is to appear in another 100 locations.

Panattoni has finalised another built-to-suit development in the Lubusz region. The Vita Group – Europe’s largest supplier and producer of polyurethane foam – will start using 8,000 sqm of space in Panattoni Park Żary in the second quarter of 2023.