Panattoni Europe has started construction of A2 Warsaw Park. The scheme is located next to the Grodzisk Mazowiecki junction and will offer 102,500 sqm. The first tenant to sign up for space there is Raben Logistics Polska which has leased 30 percent of the space. Completion is planned for the first quarter of 2020. Raben Logistics Polska was represented by a global real estate services firm Cushman & Wakefield.
“Expanding our portfolio in such a strategic region is a key step in our business development,” said Marek Dobrzycki, Managing Director at Panattoni Europe.
“We are aware that the Warsaw market plays a very important role for Poland’s logistics. The local demand is massive, accounting for 28 per cent of the overall demand for space in the country. This makes Warsaw and its surrounding area a leader in this category, partly thanks to the continually improving road infrastructure and the favorable investment conditions.” Dobrzycki said the Warsaw metropolitan area is one of Poland’s biggest logistics hubs, mainly because it features the intersections of six national roads and 8 major railway lines.