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  • Panattoni begins another urban development. City Logistics Warsaw IX is to be built before the end of the year with half of the 13,000 sqm leased out to Inter-Mlecz
Press releases

Published:

31.05.2023

Panattoni begins another urban development. City Logistics Warsaw IX is to be built before the end of the year with half of the 13,000 sqm leased out to Inter-Mlecz

Panattoni, the most active industrial developer in the world, continues to grow its portfolio of urban centres in Warsaw. The company has begun construction of City Logistics Warsaw IX next to the junction of ul. Utrata and ul. Zabraniecka in the city’s Targówek Fabryczny district, and the value of the investment will amount to EUR 19 million. Half of the space is to be occupied by Inter-Mlecz, a distributor of some of the biggest grocery brands. The company is to move its current operations without disruption from a nearby location.

Published:

31.05.2023

warszawa_utrata_2020_11_hires

Panattoni, the most active industrial developer in the world, continues to grow its portfolio of urban centres in Warsaw. The company has begun construction of City Logistics Warsaw IX next to the junction of ul. Utrata and ul. Zabraniecka in the city’s Targówek Fabryczny district, and the value of the investment will amount to EUR 19 million. Half of the space is to be occupied by Inter-Mlecz, a distributor of some of the biggest grocery brands. The company is to move its current operations without disruption from a nearby location. MAXON, a residential and commercial real estate agency with 34 years of experience on the Polish market, actively participated in the leasing process.

By the end of this year, Panattoni will have delivered over 150,000 sqm of City Logistics space in Warsaw with the final figure approaching almost 200,000 sqm. The versatility of urban centres attracts dozens of different industries and businesses, from logistics, e-commerce and production to services and laboratories. Their potential is demonstrated by Inter-Mlecz. The company has leased 6,500 sqm in City Logistics Warsaw IX with construction in Warsaw’s Targówek district having already begun on ul. Utrata. The distributor of grocery and dairy brands is to use freezer and refrigeration units within the centre. The park’s location provides good connections to the city centre including by road.

“What turned out to be the key advantages that Panattoni could bring to its partnership with Inter-Mlecz were the possibility of developing the space with the required temperature control facilities and the tenant being able to move its operations from a nearby centre. Once again we have demonstrated that our space can be adapted to meet the needs of clients from dozens of different industries and our City Logistics centres are the best proof of this versatility. It is in this segment that we can clearly see how our developments do not just serve as warehouses but as diversified platforms that combine different businesses and are built in attractive locations with easy access to customers and workers,” says Karolina Przygoda, the Senior Leasing Manager at Panattoni.

The growing potential of the west bank of the Vistula in Warsaw. By developing City Logistics Warsaw IX, Panattoni is once again demonstrating how attractive the west bank of the Vistula is in Warsaw. The developer has already developed City Logistics Warsaw IV in the Annopol district with an area of almost 40,000 sqm. One of the buildings has been fully leased out to TRUMPF Huettinger, from where it is to supply the markets of the US, Korea, and China. Polish-based electric bicycle producer Coci E-motion is also to use the park.

More than half a million sqm. Six years after launching its City Logistics project, Panattoni already holds a portfolio of over 550,000 sqm across Poland. The developer’s centres have been chosen by the leaders of many industries including those in e-commerce, online groceries, hospitality, pharmaceuticals, cosmetics, logistics and food. The number of developments for the production industry is also growing with the rise in interest being driven by the nearshoring trend, whereby production, distribution and storage are being placed closer to the final consumer. Hi tech companies are also increasingly choosing City Logistics centres since they appreciate the access to high-skilled labour as well as the flexibility of the space, which may be converted into showrooms, laboratories and R&D centres.

Panattoni Park Gdańsk City Airport 3
Featured news Press releases
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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Panattoni Park Kraków East IV
Featured news Press releases
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.

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Łódź_Zgierz_1
Featured news Press releases
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.

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City_Logistics_Krakow_III_2
Featured news Press releases
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.

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NEXT

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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