Panattoni Europe, Poland's leader in the industrial property market, has embarked on stage 4 of construction at Panattoni Park Łódź East. It has 8,300 sqm under construction, which will bring the total space at the modern distribution centre close to 160,000 sqm.
Panattoni Europe has commenced stage 4 of build-out at Panattoni Park Łódź East - to deliver a space of 8,300 sqm that has already been spoken for. One of the new tenants is an outsourcing company CERI International Sp. z o.o., which has leased 3,050 sqm through an advisory firm Litwiniuk Property. Construction works at the park are still ongoing on 11,300 sqm for TERG-Mediaexpert, specialising in the distribution of household appliances, consumer electronics and multimedia. On completion of stage 4, the centre will comprise four facilities totalling nearly 163,000 sqm.
The strengths of Panattoni Park Łódź East do not go unnoticed by industry specialists - in December 2013 Panattoni Park Łódź East won the Prime Property Prize of Łódź voivodeship. The distribution centre received recognition not only for the wide range of solutions in warehousing, logistics and distribution, but also for its impact and the role it plays on the commercial property market in Łódź voivodeship. The facility was also honoured by the jury of the CIJ Awards 2013, naming it as the "Industrial Development of the Year".
Panattoni Europe is currently developing more than 343,000 sqm in Poland and the Czech Republic, including two facilities for Amazon, the 50-thousand-square-metre facility for Castorama Polska, the 33-thousand-square-metre BTS facility for Polaris, and 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.