VGP, the European company that develops, manages and owns high-quality logistics and semi-industrial real estate, has handed over a 10,000 sqm warehouse building to Boxy Logisztikai Zrt. 

Panattoni has begun building work on Panattoni Park Szczecin IV, which is to comprise 40,000 sqm. The project’s space has already been leased out to a furniture company from the TSL sector. 

Panattoni has moved forward with the 20,000 sqm expansion of Flextronics International Poland's manufacturing and warehouse complex in Tczew. The ceremonial laying of the cornerstone took place on October 11th. The 80,000 sqm factory now includes four buildings and is one of the company's largest facilities in Europe.

The first column of the first 58,000 sqm warehouse in HelloParks' Páty megapark has been placed. The nearly €70 million investment will be the largest contiguous warehouse in Budapest's agglomeration and it is HelloPark's largest project to date. 

Close to 50% of the warehousing surfaces for which lease contracts were signed in 2022 were transacted during July – September of this year, according to real estate consultancy Dunwell Industrial Brokerage. 

Panattoni has leased out almost 80,000 sqm to global logistics operator DSV within the Wrocław Logistics South Hub. This is the first lease for space in the developer’s largest project in the region, which is to eventually comprise 250,000 sqm. Construction work began in the summer of the current year. 

Poland, which is the fifth largest warehousing market in the EU, has the opportunity to take over a significant share of the investment and production and logistics processes moving from Asia.

GLP announced that its GLP Warsaw III Logistics centre in Kobyłka is now fully leased, only four months into operation.

Panattoni has developed a 10,000 sqm building for Solaris Bus & Coach. The warehousing facilities for the factory in Bolechowo. The opening was held on September 29th.

Macquarie Capital Principal Finance (Macquarie) has provided €123.4 million in the form of a senior secured loan to DL Invest Group. The three-year facility will be funded using capital from Macquarie’s balance sheet.