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  • Land purchased for Panattoni Park Poznań IV - the first 35,000 sqm of the park under construction
Press releases

Published:

25.08.2014

Land purchased for Panattoni Park Poznań IV - the first 35,000 sqm of the park under construction

Published:

25.08.2014

Land purchased for Panattoni Park Poznań IV - the first 35,000 sqm of the park under construction

Panattoni Europe, Poland's leader in the industrial property market, has purchased 18 ha of land for a new distribution complex - Panattoni Park Poznań IV. At the same time, the developer has announced that the construction of the first 35,000-square-metre building has commenced.

The developer is building another one of its logistics centres in Greater Poland - Panattoni Park Poznań IV, for which 18 ha of land in Komorniki has just been purchased. This marks the beginning of stage one (35,000 sqm) in the construction of the complex, which is planned to offer 116,500 sqm at full build-out. The first tenant is Komputronik S.A., a leading distributor of IT products and consumer electronics in Poland and the operator of the country's most popular online electronics store. Under the lease, the company will take up 10,000 sqm. Once the entire investment is completed, with stage one planned to end in February 2015, Panattoni will have more than 320,000 sqm of warehouse space in the region.

"The Poznań market is going from strength to strength. It is enough to look back at the first half of this year. The region can boast the highest quantity of space completed with as much as 82,500 sqm, with net demand reaching 103,000 sqm, i.e. twice as much as in H1 last year" comments Robert Dobrzycki, Managing Partner Panattoni Europe, adding: "there are 215,000 sqm currently under construction, of which nearly half is thanks to the efforts of Panattoni Europe and the development of the logistics centre for Amazon. The warehouse space we offer in the region includes BTS facilities, as well as 'multi-let' warehouses, leased by such global brands as Hennes & Mauritz, Raben, or Henkel".

Panattoni Park Poznań IV is designed to consist of three buildings, featuring modern class A space, suitable for warehousing and also light manufacturing. The investment is located in Komorniki near Poznań between important road junctions on the A2/S11 motorway connecting Berlin and Warsaw - "Poznań West" interchange and "Komorniki" interchange. With such close proximity of the city and well developed public transport infrastructure, the facility's location is easily accessible to the qualified labour pool from the 650-thousand agglomeration.

At present, Panattoni Europe is developing the largest quantity of new warehouse space in the market, totalling 360,000 sqm. Apart from the facilities for Amazon, this figure is comprised of such investments as the recently established Panattoni Park Sosnowiec or Panattoni Park Poznań III, as well as a new facility at Panattoni Park Łódź East. The developer also tops the podium in terms of performance for H1 2014 - the company delivered 108,000 sqm to the market (incl. 50,000 sqm for Castorama Polska and 33,600 sqm for Polaris), that is more than twice as much as the runner-up, and also had the highest number of square metres under construction, with as much as 34,900 sqm.

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NEXT

Panattoni has developed the European Monroe Engineering Centre – the most modern building in the Tenneco portfolio

Panattoni, the most active industrial developer in the world, has developed a BTS centre for the Tenneco Group in Gliwice. The European Engineering Centre is to serve the company as a research and development centre for new technologies and Monroe products including conventional drive control systems (Monroe OE Solutions) and advanced suspension systems (Monroe Intelligent Suspension).

Panattoni completes another fully leased park in Małopolska with almost 18,000 sqm in Skawina za Górą

Panattoni, the most active real estate developer in the world, has delivered another development for a highly demanding sector. The developer has completed space within Panattoni Park Kraków West I tailored to the needs of biotechnology firm SyVento BioTech.

Panattoni reveals increasing commitment to sustainability in European logistics - 2023 Report findings

Panattoni, the most active industrial real estate developer in the world, has again joined forces with the international law firm HFW and research specialist Analytiqa to unveil the pulse of sustainability in European logistics and supply chains for 2023.

Panattoni sells three industrial parks for €100 million

Panattoni, the world's most active industrial real estate developer, has recently completed another significant transaction. A highly experienced global property company, with a strong presence in the Polish logistics market, has acquired three fully commercialized industrial parks in prime locations, totaling 135,000 sqm in the Silesia, Poznań, and Łódź regions, for approximately €100 million.

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