ARTICLES LABELLED WITH TAG Wroclaw

Knauf Industries Polska, the world’s leading polystyrene processor, has renegotiated its lease agreement and increased its warehouse and office space in Panattoni Park Wrocław II to 18,000 sqm. The tenant was represented during the negotiation process by real estate advisory firm Cresa.

Globalworth, the owner and property manager of Renoma in Wrocław, has chosen Tétris as the general contractor for the renovation of the building. Following this decision, the main stage of work on the metamorphosis of this architectural landmark of the city has now started, in time for the building’s 91st anniversary.

Savills has been instructed as sole letting agent for office and retail space in the Wratislavia Center in Wrocław, managed by the Austrian investor FLE GmbH.

The construction of a slurry wall as part of the construction of the Infinity office building in Wrocław has begun. The office project, which is being developed in the very heart of Wrocław, at John Paul II Square (the junction of Legnicka and Nabycińska Streets), will offer in total almost 22,000 sqm of leasable area. Eiffage Polska Budownictwo S.A. is responsible for the implementation of the current stage of works. The investment is scheduled to be completed in Q1 2023.

Echo Investment will take over a majority stake of the Wrocław-based Archicom company from its founders. Once the transaction is finalized, the Echo-Archicom group will be the largest residential developer in Poland – only in 2021, it will start the construction of 7,000 apartments for sale and rent.

Panattoni is to launch its latest project in the Wrocław area. Panattoni Park Wrocław East will be built in Dobrzykowice – just off the city’s eastern bypass. By September 2021, the developer will have completed 24,516 sqm of class A warehouse space in one building, including 11,000 sqm for the world's leading manufacturer of cooker hoods for household use. This is to be the first such modern distribution facility on the eastern outskirts of Wrocław. It will be developed in line with the company’s ‘Go Earthwise with Panattoni’ concept and is to be BREEAM certificated at the ‘Very Good’ level.

Panattoni is again investing in Lower Silesia. The developer has purchased 39 ha in Wrocław where it is to build Wrocław Campus 39, a massive industrial and logistics complex of almost 200,000 sqm. The project, which is to have direct access to the A4 motorway and the S8 expressway, is being constructed close to the buildings of Amazon and LG Chem Wrocław Energy. It will be the ideal location for e-commerce companies as well as firms in the electric vehicle sector. Work is to start in Q1 of this year.  

Nokia has decided to extend its lease agreements with Globalworth for the office space it occupies in the West Gate and West Link office buildings in Wrocław, Poland. The contract, which covers an area of nearly 30,000 sqm, is the largest lease agreement signed in a Polish regional city market this year.

European Logistics Investment BV (ELI) has acquired two warehouse facilities located in Wrocław. ELI, together with its partner Panattoni, plans to further develop the site in order to deliver City Logistics Wrocław North totalling 45,000 sqm of logistics space.

Wrocław Business Park has been acquired by Panattoni from Aviva Investors, the global asset management business of Aviva plc. The seller was represented by the Avison Young investment team throughout the transaction.