Warsaw – Panattoni Europe, Poland’s leader in the industrial property market, started construction works on a new park near Poznan – Panattoni Park Poznań III. The first facility of the complex, featuring more than 12,000 sqm, has already gained its first tenants. They are logistics operators, and each one will take up 5,000 sqm.
Panattoni Europe is developing Poznań’s industrial market, creating nearly 350,000 sqm of warehouse space. In addition to the existing parks – Panattoni Park Poznań I and II, Panattoni Park Robakowo, BTS Farmacol and the facility for Komputronik SA, the developer has started works on Panattoni Park Poznań III with total planned space of approx. 68,000 sqm. At present, building one is under construction, with space in excess of 12,000 sqm. The investment has already found tenants. They are logistics operators and providers of transport services, as well as freight forwarders. Each company leased 5,000 sqm in the facility under development.
Near Poznań, the developer is also building a giant distribution centre for Amazon with 100,543 sqm, and plans to launch Panattoni Park Poznań IV. According to Robert Dobrzycki, Managing Partner Panattoni Europe ‘The Poznań market continues to hold promise for development potential. The existing space totals 1.02 M sqm, which accounts for approx. 14 per cent of the total space in Poland, with vacancy rate of 4.4 per cent. The available space is quite scattered and if a customer should need space in excess of, say, 8 thousand sqm, new space has to be built. Therefore, as a developer, we strive to meet prospects’ expectations.’
Panattoni Park Poznań III is a modern distribution centre with a total space of approx. 68,000 sqm, which will comprise four warehouse buildings at full build-out. The project is located 12 km from Poznań city centre, on the national expressway S11, 800 m radial distance from the intersection of A2, E30, S11. With such close proximity of the city and well developed public transport infrastructure, the facility’s location is easily accessible to the qualified labour pool.
At present, Panattoni Europe is developing 265,000 sqm of new warehouse space in Poland, including two facilities for Amazon in Poznań and near Wrocław, BTS for K-FLEX, as well as expanding its own parks – in Gliwice, Łódź and Poznań. Since the beginning of this year, the developer has delivered approx. 100,000 sqm of space in projects dedicated to such companies as Castorama Polska (50,000 sqm) and Polaris (33,600 sqm).
www.panattoni.pl (http://panattoni.pl/)
About Panattoni Europe:
Panattoni Europe is part of the Panattoni Development Company, one of the largest industrial developers in the world, with 26 offices in North America and Europe. Panattoni has been present in Central Europe since 2005. To date, the developer has delivered more than 2 million sqm of modern industrial space altogether in Poland and the Czech Republic. A dedicated department responding to individual tenants’ needs – build-to-suit projects – is also located within the Panattoni Europe structure. Among key tenants are companies such as arvato services Polska, Coty Cosmetics, DSV, H&M, Intermarché, Leroy Merlin, ND Logistics, Still, Schenker and Tesco. Apart from Poland, Panattoni Europe has offices in the United Kingdom, the Czech Republic, France, Italy, Luxembourg and Germany. www.panattoni.pl