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Articles

Panattoni extends City Logistics Wrocław I – stage one with 36,700 sqm taken up in full

Panattoni, market leader in industrial real estate in Europe, has fully leased out the facilities delivered in stage one of construction at City Logistics Wrocław I. The space in excess of 36,700 sqm has been taken up primarily by logistics/distribution companies. Now, the developer is embarking on the construction of new facilities, featuring 11,300 sqm and 10,900 sqm respectively. Their commissioning is planned for late Q2/early Q3 2020.

Panattoni enters Spain and Portugal

Panattoni, market leader in industrial real estate in Europe, continues its expansion in the European market. Following the launch of the Netherlands office two months ago, another one is being opened in Spain for the Iberian market. It will be headed by Gustavo Cardozo Lupi as Managing Director.

Panattoni Park Konotopa III gets underway

Panattoni, market leader in industrial real estate in Europe, is developing another distribution centre in the Warsaw area. Panattoni Park Konotopa III, planned to total close to 60,000 sqm, will be built right next to the junction of the A2 motorway with the S8 expressway. The project will be executed in several stages, and the tenants will be able to move in this September.

Panattoni sells 5 Logistics parks to Asian investor

Panattoni, European leader in industrial real estate, sells a portfolio of 5 logistics parks in strategic locations totalling 280,000 sqm to an Asian investor. This marks the Asian investor's first investment in Poland and the transaction was handled by Savills Investment Management.

Panattoni has sold Savills IM distribution center near Wrocław

Panattoni, market leader in industrial real estate in Europe, has sold Savills Investment Management a warehouse facility near Wrocław. The park with an area of 46,000 sqm was sold for around EUR 33 million. This is the third distribution center in Poland bought from Panattoni by Savills.

Savills advises Asian newcomer on the acquisition of five logistics parks in Poland

Savills Investment Management (SIM), acting on behalf of an Asian investor, has acquired five logistics parks located in Poland totalling approx. 280,000 sq m, developed by Panattoni Europe. This is the first transaction in Poland completed by the Asian investor. Savills Poland advised SIM on the transaction.

Global logistics company Radial to settle in MLP Pruszków II

Radial, a bpost Group company,will move into the MLP PruszkówII logistics park to occupy over 9,000 m2of modern warehouse and office space. During the lease negotiations, the tenant was represented by Axi Immo.

Will warehouses be available immediately in 2020? The area will grow by at least 10%, most in Mazovia and Silesia

The year 2020 will be a breakthrough for the warehouse market. In total, there will be over 1.8 million sq m of warehouse space, of which the most will be in the region of Silesia (478 thousand sq m) and Mazowsze together with Warsaw (482 thousand sq m). Thus, already this year, the available warehouse space will reach over 20 million sq m. A large number of warehouses under construction will provide tenants with greater selection and availability "immediately", which does not mean, however, that the market will be saturated - according to the CBRE report "Market Outlook".

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Dawid Jusupović

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