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  • Panattoni awarded financing for Air Spiralo BTS centre. Alior Bank lends almost EUR 6.5 mln
Press releases

Published:

11.12.2023

Panattoni awarded financing for Air Spiralo BTS centre. Alior Bank lends almost EUR 6.5 mln

Panattoni, the most active real estate developer in the world, has received its second loan in quick succession from Alior Bank. This time, the developer was granted financing of almost EUR 6.5 mln to build a BTS project for Air Spiralo.

Published:

11.12.2023

Panattoni - budynek z logo

Panattoni, the most active real estate developer in the world, has received its second loan in quick succession from Alior Bank. This time, the developer was granted financing of almost EUR 6.5 mln to build a BTS project for Air Spiralo – Europe’s leading manufacturer of ventilation systems.

According to the latest reports, manufacturing currently accounts for almost a third of completed industrial space in the country. This phenomenon is largely due to Panattoni, the leading developer in Poland and Europe as it continues to expand its portfolio of BTS factories. Last month, the developer launched the construction of a 9,500 sqm manufacturing and warehousing plant in Szamotuły for Air Spiralo and now it has been granted financing to complete this building from Alior Bank with a loan of almost EUR 6.5 mln.

“By awarding us two large loans in a short space of time for the construction of manufacturing plants, Alior Bank has demonstrated the enormous trust it holds in Panattoni to develop BTS projects. This is the natural result of us having built up our position over the years through the development of almost 4 mln sqm of BTS and BTO space. Our enormous experience makes us a secure partner for dozens of industries and financial institutions value the trust that industry gives to Panattoni BTS. We wish to thank Alior Bank for their trust and we are counting on successfully partnering with them again,” comments Karina Trojańska, the Chief Financing & Operating Officer at Panattoni. 

Spiralo is to use the new development for manufacturing, logistics and warehousing and the bespoke centre will allow them to further expand their production in the future. As a result of the new space to be delivered by Panattoni BTS in Szamotuły, the company is to consolidate the manufacturing and logistics operations of three separate locations. The building is to be handed over to the client in May/June 2024.

“The choice of Szamotuły for such an important Air Spiralo development, once again demonstrates the huge attraction of Western Poland to international operations. This part of the country is increasingly being used as a hub by European and global companies that work to high standards and choose BTS developments characterised by flexibility and adaptability. The development of this sector is also undoubtedly being driven by Europe’s re-industrialisation with production facilities being moved closer to the final customer,” adds Karina Trojańska.

The centre to be constructed for Air Spiralo will be equipped with numerous sustainability solutions. The facility will receive BREEAM certification at the Excellent level, and Panattoni will reinforce the roof for photovoltaic installation and cooling equipment. Moreover it is to be built on post-industrial land in following with the principles of the closed circular economy.The developer will also provide high-standard office space, with additional glazing, and employees will have access to cycling infrastructure and car-sharing parking spaces.

Financial institutions value the high ecological standards and versatility of Panattoni BTS, which has delivered over 100 bespoke industrial buildings in Central and Eastern Europe. Lately the company has completed centres that include a development in Żary for the Vita Group – an international producer of polyurethane foam and a service and manufacturing plant for Knorr-Bremse – a leading producer of braking systems for trains, trams and commercial vehicles. Earlier this year, the developer handed over a distribution centre to the Action chain of stores as well as the Monroe European Engineering Centre.

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Work completed on Panattoni Park Kraków East IV. Panattoni has been granted a EUR 10.5 mln loan from BGK

Panattoni has delivered yet another project in the Małopolska region completing construction on Panattoni Park Kraków East IV. The development is now to be financed with a EUR 10.5 mln loan granted by Bank Gospodarstwa Krajowego. The centre has been fully leased out to OMEGA Pilzno.

Panattoni begins construction work on a new park near Łódź with 30,000 sqm of speculative space in the centre of Poland

Panattoni is launching the construction of a new speculative centre in the Łódź region. The project is to have an eventual size of close to 30,000 sqm and is located at a strategic point in central Poland thus providing excellent conditions for logistics operations as well as for distributing goods on a national or international scale.

Panattoni receives EUR 21 mln in financing from mBank for City Logistics Kraków III

Panattoni has received financial support for the development of the City Logistics Kraków III project. The EUR 21 mln loan granted by mBank will make it possible to finalise the construction of this modern logistics park strategically located in Kraków’s Nowa Huta district.

Construction work begins on Panattoni Park Gdańsk City Airport with 18,400 sqm of speculative space

Panattoni has begun work on Panattoni Park Gdańsk City Airport, a new project in the district of Pomerania. The development is being built on a speculative basis and will comprise two modern distribution buildings with a combined area of over 18,400 sqm.

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