A Dutch company bought Panattoni Park Warsaw West V. The cost of the deal was not disclosed. This is the buyer’s first investment on the Polish warehouse market. Panattoni Park Warsaw West V offers 70,000 sqm and is located in the vicinity of the A2 motorway on the way to Warsaw. The project was completed in the first quarter of this year. “The transaction involving the sale of real estate to a leading player on the European warehouse market confirms that the capital market regards class A warehouse facilities very highly,” said Robert Dobrzycki, CEO for Europe at Panattoni. “This is mainly due to the development of the e-commerce sector, generating record-high demand, which translates into low vacancy rates, but also thanks to the appeal of the sector itself and the rates of return it offers.”
