ARTICLES LABELLED WITH TAG development

Panattoni is to deliver a central warehouse in Łódź for school and nursery school supplies. Their distributor has leased 11,200 sqm in Panattoni Park Łódź West, which is currently under construction. The building is to be built in Konstantynów Łódzki, near two express roads 8 km from the international airport. It is the developer's first investment project on the western side of Łódź.

Knight Frank has been selected as the property manager of the building at Na Ostatnim Groszu Street, which is owned by Echo Investment. The office building with an area of over 21,000 square metres is the first stage constructed as part of the West 4 Business HUB office complex in Wrocław.

Panattoni has begun the construction of Panattoni Park Bydgoszcz III with a planned area of 43,000 sqm. The first tenant is Reconext, a company that services electronic equipment, and the size of the lease is 12,800 sqm. The building is to be constructed to BREEAM 'Very Good' certification standards, and solar panels are to be installed for the use of the tenant.

Panattoni and Phoenix Contact E-Mobility, operating in the area of charging technology for electromobility, celebrated the first construction phase of a new electric mobility plant at Rzeszów-Dworzysko Science and Technology Park. Just in two months, the entire hall structure was constructed and covered with a roof. Starting Q1 2021, Phoenix Contact E-Mobility will manufacture and test various AC and DC charging cables and will supply them, among others, to leading automotive producers. Polish Investment & Trade Agency (PAIH) helped with the efficient implementation of the investment. Colliers International advised the tenant for this transaction.

As the next step in the integration of Vodafone Hungary and UPC, in the autumn of 2022, colleagues working in the company's Budapest offices will move to the Budapest One office park. The complex, developed by Futureal, will house Vodafone's new headquarters.

One of Panattoni’s existing customers, Globalway – a supplier of (among others) toys, furniture, sports accessories and interior furnishings produced in China – has decided to lease the whole of Panattoni Park Tricity East IV. This has been made possible thanks to the close cooperation of the developer with the Polish Investment and Trade Agency (PAIH), which is supporting the project by providing investment incentives for Globalway. The 52,000 sqm complex is to be built in the eastern part of Gdańsk, where the tenant will be ready to move in Q1 2021. The leasing deal was brokered by Querco Property.

Romanian real estate developer One United Properties has completed a capital increase process worth €25 million by selling part of its One Cotroceni Park urban regeneration project, currently under construction in Bucharest. The amount raised is to be invested in the further development of the project.

Speedwell has designated Bog’Art as the general contractor in charge of Miro, the company’s newest office project located in the Băneasa area of Bucharest. Miro project will offer its tenants 23,000 sqm of Class A office space spread out over 5 levels. The project has been granted the building permit and works have already started.

Cordia International Zrt. has acquired UK developer Blackswan. Cordia financed the transaction by using funds collected from the bond issuance under National Bank of Hungary’s Bond Funding for Growth Scheme. The acquisition allows Blackswan to deliver a £550 million project pipeline across the West Midlands

Atenor announced that RoseVille, its latest project in Budapest, located on Bécsi Road of District III has received the final building permit. The developer acquired the 6,604 sqm plot at 68-84 Bécsi Road last spring to build a 15,000 sqm Class A+ office building there.