At the end of the current quarter, Panattoni will complete a project for an e-commerce giant - Shein, one of the largest clothing retailers in the world. The global company, headquartered in Singapore, is developing rapidly in Europe, and the effect of growing volumes is the lease of 54,200 sqm in Panattoni Park Wrocław South Hub - the developer's largest project in Lower Silesia. Over 2000 jobs to be created by the company on the site and the location will allow for efficient service of the full range of the company's products and to reach most European markets.
"According to forecasts, the value of e-commerce for the fashion industry in Europe is to increase from approx. USD 250 billion in 2022 to nearly USD 400 billion in 2025. The rapid development of this market, and the desire to secure the supply chain, drive the phenomenon of nearshoring, i.e. the transfer of activities by Asian companies closer to the final recipient, which is particularly beneficial for Poland. Thanks to its vast experience in servicing dozens of industries, Panattoni is ready to offer global brands from the Far East the highest standard of facilities, strategic locations and some solutions for energy efficiency and ecology. SHEIN will gain an excellent platform for both the implementation of e-commerce processes and the implementation of ESG goals,” says Damian Kowalczyk, Development Director at Panattoni.
The project for Shein will be certified under the BREEAM ecological certification system at the Excellent level - the highest available on the Polish industrial space market, perfectly matching both the "Go Earthwise with Panattoni" concept and the tenant's goals. Shein has committed to reducing absolute GHG emissions across its entire value chain by 25% by 2030. As part of Panattoni Park Wrocław South Hub, the company will receive a number of solutions in the field of energy and water savings, as well as CO2 emissions. In addition, employees will benefit from green relaxation zones or modern office spaces tested in terms of acoustics, air quality and access to daylight. Panattoni will also prepare charging points for electric cars and places for carsharing.
In the third quarter of 2022, the Wrocław region enjoyed a demand for industrial space of approximately half a million sqm, which confirms the enduring popularity of the market. It is also confirmed by Panattoni, which has already leased over 120,000 sqm in Wrocław South Hub - the developer's largest investment in the region - by closing the first stage and commercializing half of the planned area of 247,000 sqm. As part of the complex under construction, over 75,000 sqm is leased by the global logistics operator DSV.
The investment is being built in Magnice, in the immediate vicinity of the S8 route that crosses almost the entire country - from Białystok in the northeast to the Wrocław Motorway Bypass (A8). The complex is also located near the A4 motorway, enabling efficient connection with the countries of Western Europe. The international character of the investment is emphasized by the time of only two hours that separates it from the borders with the Czech Republic and Germany.