ARTICLES LABELLED WITH TAG Panattoni Europe

Panattoni has started construction of Panattoni Park Nadarzyn II. The development is being built on a site of almost 20 ha and will take up almost 100,000 sqm.

Developer Panattoni is going to build a new large hall for 700 workers of the automotive industry in the Panattoni Park Pilsen West II. The hall will be custom-made for the American company Shape Corporation and the hall should be finished in the first half of 2023, says Colliers who negotiated the deal that was one of the largest in the first half of this year. 

Panattoni has leased out 17,000 sqm in Lublin to Stella Pack, one of the largest distributors of chemical cleaning products and a producer of hygiene products. The leasing agreement was brokered by consultancy BNP Paribas Real Estate.

Panattoni is launching its latest project in Western Poland, close to the border with Germany. The developer has just purchased a plot in Żary, not far from the E36 route connecting Berlin with Lubuskie province. Panattoni Park Żary will comprise 15,000 sqm, of which 8,000 sqm is to be built as a BTS project. This has already been leased by an international producer of polyurethane foam for (among others) the furniture industry. The company will begin operations in its new premises in the second quarter of 2023. The project is being built to qualify for BREEAM environmental certification at the ‘Excellent’ level.

Panattoni has completed the expansion of a factory for a European hygiene products manufacturer - from 26,000 sqm to 70,000 sqm.

Panattoni has completed the sale of two Polish logistics parks in Lublin and the Silesia West region to a North American private equity investor. The two properties have a combined gross lettable area (GLA) of about 65,000 sqm. The price has not been disclosed.

The largest logistics hall in the Czech Republic will rise near Cheb (in the westernmost region of the country). Accolade and Panattoni are already intensively preparing its construction in the local industrial zone. According to the Industrial Research Forum (IRF), an association of consultancy firms, this is the largest domestic transaction in Q2 2O22, with the pre-lease of logistics space in the area of about 233,700 sqm. The name of the tenant (an unspecified distribution company) has not yet been disclosed by either party. Lucie Mareš Heřmanovská, a spokeswoman for the Accolade company, informed Property Forum about the project. 

Panattoni has completed a central warehouse for Neonet in Łódź-Pabianice. The opening ceremony is scheduled take place in August this year.

German online fashion distributor BestSecret will take up almost 90,000 sqm in Panattoni Park Sulechów III with the option to further expand by another 42,000 sqm. The development will be handed over in stages between January and June 2023. 

Panattoni has completed the €160 million sale of a portfolio of five fully-let logistics parks in Poland covering a total of 230,000 sqm GLA, to a North American real estate investment manager buyer.