Panattoni Park Gdańsk Airport gets underway – 107,000 sqm with more than half taken up by home&you

Panattoni Europe, market leader in industrial real estate in Europe, embarks on a new project near the Tricity Airport – Panattoni Park Gdańsk Airport. The distribution centre with close to 107,000 sqm has already got a stamp of approval from BBK S.A. – 68,500 sqm of the facility will be used as a multifunctional warehouse for home&you, a leading brand of interior furnishing articles. Completion of construction works is planned for mid-2020.

The airport as a driver of growth. Panattoni Europe increases the supply of warehouse space in the Tricity region. Within 15 minutes’ driving distance from the Gdańsk Lech Wałęsa Airport – the country’s third largest airport – construction works are underway at Panattoni Park Gdańsk Airport with planned space close to 107,000 sqm. The strategic location of the complex quickly attracted the first tenant: BBK S.A., owner of the home&you brand. The company has leased as much as 68,500 sqm, which will be divided between warehouse space dedicated to supplying the stores and, in the light of the dynamically growing online sales, the e-commerce platform. The distribution centre, where operations will be launched already in mid-2020, finds itself in the vicinity of the newly built office space recently leased by BBK S.A. on the other side of the port. In this way, the enterprise is consolidating its operations around the Gdańsk airport. The lease was mediated by the advisory firm Colliers International.

Panattoni Park Gdańsk Airport perfectly fits into the so-called airport city concept, which is being developed around the Gdańsk airport with the upcoming warehouses, a modern research and development centre and the announced Airport City project – an office complex adjacent to the airport terminals, offering additional service, catering and hotel functions. As emphasised by Marek Dobrzycki, Managing Director, Panattoni Europe: “An airport always contributes to the development of the surrounding area. Thanks to the well-developed transport infrastructure in its vicinity, industrial, warehousing and office/commercial projects spring up in the area, in line with the concept of airport city development”.

Panattoni Park Gdańsk Airport will comprise 4 warehouse buildings in total. Construction works will start in Q4 of this year and the first tenants will be able to move in by mid-2020. Thanks to the attractive location near the airport, Panattoni Park Gdańsk Airport will be perfectly connected to the Tricity public transport system. The airport is reachable by the Pomeranian Metropolitan Railway, there are regular bus services, and one of the stops is right in front of the planned Park, making for an easy commute to and from the facility.

"We are proud that we advised BBK S.A. in the historically largest warehousing space transaction on the regional market. The entire process of site selection, executed in a competitive environment, resulted in very attractive terms of contract. The transaction was concluded with the developer that understands its client's expectations and proposed a flexible lease offer, securing meeting the client's current needs and expansion plans. We believe that the planned facility, which will be one of the most modern warehousing space in Tri-City, will enable further dynamic growth of BBK S.A." - said Maciej Chmielewski, senior partner, director and Łukasz Grupa, senior associate at Logistics and Industrial Space Department, Colliers International.

Panattoni Europe consistently increases the supply of warehouse space in the Tricity region. It is a very dynamically growing part of Poland, located strategically at the intersection of trade routes connecting Scandinavia with Southern Europe, and Poland with the Baltic States. The region is home to many businesses representing oil, chemical, electronics and transportation industries, which is without a doubt due to the proximity of Poland’s biggest seaport. In 2018, the port reloaded 49 million tons of commodities (up 20 per cent from the year before). The Gdańsk Airport, in turn, last year handled close to 5 million passengers and cargo in excess of 6.2 thousand tons (up 12 per cent from the year before).