ARTICLES LABELLED WITH TAG Panattoni Europe

In February 2024, ID Logistics will start operations for one of the largest clothing distributors in the world. The company will occupy all of Panattoni Park Poznań West Gate II in Tarnowo Podgórne (47,000 sqm in total), with the new centre to be used to consolidate the operations of other locations.

Panattoni has recently launched construction work on the main European production plant for Maxcess in Łubowo near Gniezno and has now been awarded bank financing of around €10 million from Santander for this development.

The logistics operator from the LPP Group, the largest fashion company in the CEE region, has renewed its lease agreement for 31,800 sqm at Panattoni Park Gdańsk III. The owner of such brands as Reserved, Cropp, House, Mohito and Sinsay supplies stationery stores in Central Europe from the facility. 

Panattoni has been awarded financing to develop Panattoni Park Łódź West II – one of the biggest industrial projects in the western part of Łódź. A loan of €25 million has been granted by mBank.

Panattoni has finalised the sale of two industrial developments near the administrative capital of the Lower Silesian region. Together, Panattoni Park Wrocław East, and Panattoni Park Wrocław S8 South comprise a total area of almost 43,000 sqm. The price and the buyer have not been disclosed. 

With the upcoming introduction of mandatory non-financial reporting, which will require companies to report on how they are performing in the areas of environment, employee relations and responsibility, and ethical working practices, industrial and logistics companies are taking a keener interest in sustainable solutions. This interest is then reflected in their demands for the properties on which they are based. Research by Colliers shows that the sustainability issue has so far been most commonly addressed by large multinationals, who expect properties to be equipped with sustainable technologies such as heat pumps, heat recovery units, energy-efficient smart lighting and photovoltaics. Experts from Colliers predict that interest in this topic will also increase next year but among smaller local companies. 

Panattoni is expanding its portfolio of locations in the Kraków region. In Niepołomice, the developer has commenced construction of Panattoni Park Kraków East IV, which will be completed in May 2024. Omega Pilzno - a Polish logistics operator - has already leased the entire space.

Panattoni has received its second loan from Alior Bank. This time, the developer was granted financing of almost €6.5 million to build a BTS project for Air Spiralo – a manufacturer of ventilation systems. 

Regesta, a logistics services provider will lease 21,700 sqm of warehouse space in Panattoni Park Zgierz. Its central warehouse will support its four existing warehouses across Poland, with another two under construction. The tenant was advised on the transaction by real estate advisory firm Newmark Polska.

Panattoni has appointed logistics real estate veteran Nick Preston to diversify and increase its investor base as head of the newly created Panattoni Investment Management.