Panattoni sells custom-built distribution centre for Orbico Supply

23 August 2024

Panattoni has successfully sold a 37,000 square meter distribution centre developed specifically for Orbico Supply, a European distributor in the FMCG and cosmetics sectors. The facility, located in Teresin in the Mazovia region, has been acquired by a global real estate investment specialist.

Orbico Supply, which operates in 20 countries and is Europe’s largest distributor of cosmetics, beauty products, clothing, and FMCG items, will continue to utilize the centre under a long-term lease. This lease arrangement provides the new owner with a stable and secure investment.

Michał Stanisławski, Head of Asset Dispositions at Panattoni, commented on the transaction: “The sale of the centre in Teresin is yet another significant transaction finalized by Panattoni this year. It highlights the growing demand from foreign investors for Polish assets and underscores the attractiveness of our projects, which meet the highest standards required by international investors.”

The facility, tailored to meet Orbico Supply’s operational needs, features advanced logistics technology, including a shuttle racking system and Automated Guided Vehicles (AGVs). The centre also includes a dedicated Value-Added Services (VAS) area and over 1,000 square meters of modern office space. Its strategic location near major transportation routes offers easy access to both domestic and international markets, enhancing its value as a logistics hub. The centre is just 45 minutes from Warsaw, an hour from Łódź, and within three hours of Silesia, one of Poland’s major industrial regions. Additionally, the facility benefits from proximity to a skilled labor pool, with around 150,000 people living within a 15-minute drive.

This sale is a testament to the increasing interest in Polish real estate from global investors, particularly for assets that provide long-term stability and meet the rigorous demands of the international market.

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