ARTICLES LABELLED WITH TAG warehouse

Panattoni has secured €20.7 million in financing from Bank Milennium to develop a logistics hub for Auchan Polska. A fully robotic built-to-suit warehouse is to be constructed in Wilcza Góra near Warsaw.

Real Management has secured additional credit financing amounting to PLN 120 million (ca €28 million), which will be allocated to the expansion of its development activities. The financing was provided once again by mBank S.A.

Panattoni has launched construction work on Panattoni Park Poznań XIV in Głuchów, a new logistics hub in the Wielkopolska region. Gasa Group and Markat Plus are confirmed as the park's first tenants, with construction set for completion in February 2025.

7R Park Lublin East I, a 111,000 sqm logistics park, is now fully leased. The final and key tenant is Stock Polska, one of Poland's largest alcoholic beverage producers, which plans to move into the new location in the second half of 2025. The company has leased 57,000 sqm of warehouse space.

Panattoni will begin construction of a new park in the Silesian Voivodeship in December – Panattoni Park Sosnowiec V. The project will ultimately include two buildings with a total area of over 52,000 sqm. The first tenant is Hebe, for whom a build-to-suit distribution centre will be developed as part of the facility. 

P3 Logistic Parks has begun construction of a new warehouse with a total area of nearly 27,000 sqm at P3 Poznan Park for ochama, the European omni-channel retail brand of JD.com.

The Polish industrial and logistics market demonstrated resilience in the first three quarters of 2024. During this period, 2.1 million sqm of new warehouse space was delivered, expanding the sector’s total stock to nearly 34 million sqm (+9% Y/Y). Currently, 1.9 million sqm are under construction (-22% Y/Y), marking the second-lowest development activity since early 2018. Despite challenges, leasing activity remained stable at 3.8 million sqm, with a vacancy rate of 8.0% (+30 bps Y/Y) at the end of September 2024, says Axi Immo. 

Panattoni has been granted a €75 mln loan by Citibank (London Branch). The funds are to finance Panattoni Park Sulechów III.

The latest Savills report highlights Poland as an emerging logistics powerhouse, particularly considering recent geopolitical and economic changes. With its strategic location and rapidly expanding infrastructure, Poland is becoming a logistics and production hub for markets in Western Europe and Scandinavia, attracting investors and global corporations that are diversifying risk and shifting operations from Asia to Europe.

CTP has announced its sixth manufacturing and logistics investment in the Warsaw region, CTPark Warsaw Nowy Konik. This new industrial and logistics park will include four warehouses with a total area of over 76,300 sqm, and construction is scheduled to start in the first quarter of 2025.