Panattoni, the world’s most active developer of industrial real estate, has launched construction work on Wrocław Campus – its largest project in Lower Silesia – where it has already delivered 185,000 sqm. The developer has just begun the development of a 30,000 sqm building. Upon its completion in Q1 2024, the construction of a further 130,000 sqm is planned. The development costs for the two new buildings come to EUR 116 mln.
Panattoni entered 2023 with over 200,000 sqm of speculative space under development in Lower Silesia – the highest figure for a single region throughout the entire country. Extremely high figures were also recorded at the end of the Q1 this year. The company is prepared to meet the strong demand for one of the most attractive regions in Poland. For this reason it has launched work on the extension by a further 30,000 sqm of Panattoni Park Wrocław Campus – its largest development.
“Wrocław Campus is at the centre of one of the most highly developed logistics zones in Europe. International companies are choosing this strategic location since they depend on being able to easily reach many European markets, while maintaining the low operational costs that Poland still offers. Having direct access to the A4 and A8 motorways opens up the German and Austrian client base, which numbers more than 100 million people. Any region with such huge potential will have a huge requirement for industrial space so creating further business clusters such as Wrocław Campus and Wrocław South Logistics Hub in Magnice is only a matter of time,” says Damian Kowalczyk, the Development Director at Panattoni.
Nearby Wrocław Campus lie buildings operated by Amazon and a complex run by the Korean based company LG, which includes the largest lithium ion battery factory in Europe. This proves how attractive this business location is to many sectors such as the e-commerce and automotive industries.
A vast area – of green development. The next building in Panattoni Wrocław Campus is to be developed in accordance with the high standards of sustainable development and is to be certified under BREEAM for a rating of Excellent. Clients will be able to use intelligent energy management systems, sanitary fittings that limit water usage and a mechanical ventilation system with high-spec filters. The developer is also to create a green area with outdoor furniture made from ecologically-friendly materials as well as provide electric vehicle charging stations. The office space is to be examined to ensure it has adequate access to natural light as well as to ensure it meets the proper standards for its acoustics and its thermal comfort. An LCA (Life Cycle Analysis) study preceded the development work.
Attractive to investors. The first stage of Panattoni Wrocław Campus comprising 185,000 sqm was purchased at the beginning of the year by P3 in one of the largest ever transactions in the Polish commercial real estate market.
On the way to another million. In 2022, Panattoni surpassed the 2 mln sqm figure for industrial space delivered in Lower Silesia through activities such as launching the construction of the Panattoni Park Wrocław South Logistics Hub, the first stage of which comprising 120,000 sqm was completed at the beginning of this year. Over the coming months the developer is to deliver a further 90,000 sqm as part of this development. During the coming year, the company is planning to surpass a figure of 2.3 million sqm of space delivered in the region.