Warsaw - Panattoni Europe, Poland's leader in the industrial property market, announced two lease renewals for a combined total of 13,800 sqm. The tenants which are staying on their current premises are: Knauf Industries Polska, with more than 10,000 sqm in Wrocław, and Diera, which leases close to 3,800 sqm in Błonie.
At the turn of the year Panattoni Europe clients renewed lease agreements for a combined total of 13,800 sqm at two popular locations - Panattoni Park Wrocław II and Panattoni Park Błonie II.
At Panattoni Park Wrocław II, a 10,000-square-metre space will still be leased by Knauf Industries Polska - the leading manufacturer of styrofoam packaging, blocks, insulation boards and injection moulded plastic elements. The tenant appreciated the advantages of the park situated in the direct vicinity of the A4 motorway and the Wrocław Motorway Bypass. The park comprises two buildings with a total space of more than 60,000 sqm. The other tenant which has renewed its contract with the developer is Diera, involved in road, air and sea freight forwarding. The company is staying on close to 3,800 sqm at Panattoni Park Błonie II - a modern distribution complex, offering more than 48,000 sqm. The park lies in zone 2 of the Warsaw market and is an ideal vantage point for providing logistics services across Warsaw as well as nationwide.
Panattoni Europe is currently developing more than 343,000 sqm in Poland and the Czech Republic, including the 50-thousand-square-metre facility for Castorama Polska, the 33-thousand-square-metre BTS facility for Polaris, or the BTS in Kutno. The developer's own park in Łódź is also being extended. Since 2005, that is from the onset of Panattoni's presence in Central Europe, the developer has built more than 1.9 million sqm of modern industrial space. The market appreciates Panattoni's systematically implemented development strategy and has shown its recognition in numerous awards. The most recent include the 2013 Developer of the Year title at the Eurobuild Awards, the Industrial Developer of the Year title at CIJ Awards 2013, Tenants' Prize for the Best Logistics Park 2013 awarded at EASTLOG 2013 to Airport Logistic Park and the title of the Industrial Developer of the Year 2012 in the prestigious competition CEE Quality Awards.