ARTICLES LABELLED WITH TAG Panattoni Europe

Accolade will invest almost €30 million in two warehouse buildings in Częstochowa with a combined area of ​​30,400 sqm. The two buildings at Panattoni Park Częstochowa are currently under construction with completion scheduled for February 2020.

Panattoni continues its investments in Lublin. The planned Panattoni Park Lublin III will consist of four Class A warehouse halls totalling 53,110 sqm. Construction works began last October and the first tenants include well-known logistics operators. They have taken up 12,000 sqm in total.

Aberdeen Standard European Logistics Income PLC has exchanged contracts to acquire a newly built fully income-producing logistics warehouse in Warsaw, Poland, for a purchase price of €27.5 million providing a net initial yield of 5.64%. The agreement is with developer Panattoni Development Europe and Marvipol Logistics. Completion of the acquisition is currently scheduled for later in the month.

Panattoni Europe embarks on a new project near the Tricity Airport – Panattoni Park Gdańsk Airport. The distribution centre with close to 107,000 sqm has already got a stamp of approval from BBK S.A. – 68,500 sqm of the facility will be used as a multifunctional warehouse for home&you, a leading brand of interior furnishing articles. Completion of construction works is planned for mid-2020.

Panattoni Europe has completed nearly 17,000 sqm of space for DHL Parcel Polska. It consists of two distribution centres dedicated to e-commerce operations, built in the Warsaw region – at Panattoni Park Pruszków III and in Radzymin. Both facilities have been developed in line with DHL’s GOGREEN policy and have undergone BREEAM environmental certification process, achieving a Good and Very Good rating.  

Oxenwood Real Estate, the UK and European real estate investment management firm, has acquired a newly developed logistics facility near Warsaw from a joint venture between Panattoni Europe and Bluehouse Capital for €13.5 million.

Panattoni Europe has completed a warehouse facility which is a record-breaker in Poland in terms of size at ground level. It is the central warehouse of Leroy Merlin totalling in excess of 123,300 sqm. The project was delivered literally in the centre of Poland – in Piątek commune, Łódź voivodeship – and has completed the BREEAM environmental certification process.

Panattoni Europe embarks on the construction of Panattoni Park Częstochowa. It is the developer’s first project of this kind in the north of the Silesian voivodeship. Two modern halls will offer in total 30,400 sqm of Class A space. Construction works are set to begin in October, and the first units will be handed over to tenants in February 2020.

Panattoni Europe expands its portfolio in the Kuyavia-Pomerania region. The cornerstone has been laid under Panattoni Park Toruń II with planned space of 57,500 sqm. The two-building complex is being built in the north-eastern part of Toruń and has already secured its first tenant – a logistics operator, set to take up 5,000 sqm. Stage one of the investment process – a hall featuring close to 16,500 sqm – will be completed by next March.

Panattoni Europe is growing its capital market structures. The team has been joined by Michał Stanisławski, taking on a new position of Director of Capital Markets Poland. Among other tasks, he will be responsible for managing investor relations, including raising capital for the developer’s dynamically growing investment projects in the country.