Industrial building developer Panattoni has had a very successful year in Slovakia. The industrial complex, Panattoni Park Košice Airport, the first project of the Slovak branch, was fully occupied in record time. In the next project, Panattoni Park Bratislava North, the first two halls have already been completed. In 2022, a total of 3 industrial halls with a total area of more than 38,000 sqm have been completed, creating more than 160 new jobs. Approximately 100 more jobs will be added soon.
"This year's market situation has been difficult for all parties, both suppliers and clients. Our general contractors faced challenges related to the disruption of supply chains in the building materials sector, while on the other hand, the demand for industrial real estate could not be fully saturated despite a record number of new leases being signed. In fact, the availability of vacant production and warehousing space has reached its historical low in the modern history of Slovakia. That is why I am extremely pleased that we have managed to create conditions and opportunities for the expansion of several companies from production and logistics, to bring production from Asia to Košice and logistics from Sweden to Záhorie," says Erik Ivaničko, Director of Panattoni's Slovak branch.
Panattoni currently has more than 466,000 sqm of space in the permitting process, making it one of the most active builders of industrial real estate in Slovakia. It plans to prepare and contract additional sites. In addition, the company has been successful in leasing industrial real estate space prior to completion. In 2022, the company concluded 8 contracts with new clients.
Panattoni Park Košice Airport filled its capacities in early December and in addition to the latest client Siemens Healthineers, the tenants of this logistics complex include other renowned companies such as GG Tabak, XXXLutz, Faurecia, GreenPharm, PKZ Logistics or, as soon as in early 2023, Medical Group SK a.s., a member of the Dr.Max Holding group, operator of the largest chain of Dr.Max pharmacies in Slovakia. The second of the above-mentioned projects, Panattoni Park Bratislava North, was built on 330 thousand square metres of land near the village of Plavecký Štvrtok, with a total investment exceeding EUR 59 million. In the first phase, two modern halls with a number of sustainable features were built on the site, covering an area of 12,000 and 6,000 square metres.
Panattoni has strengthened its position as a leader in sustainable development and the deployment of modern technologies this year. As the first developer of industrial real estate, all of its new projects are targeting the Excellent level of BREEAM New Construction certification, which guarantees highly environmentally friendly buildings. Currently, the company has over 38,000 sqm in the process of being certified at the Excellent level. Panattoni is also the first developer in Slovakia to join a unique programme for responsible companies supporting eco-innovation. The unique project under the auspices of the Slovak company EcoButt presents a way to use cigarette waste in an environmentally beneficial way. By recycling cigarette butts, they become a secondary raw material for the production of asphalt for roads and pavements. The collection of this waste takes place in both Panattoni parks and the first road made of cigarette butts is already being used in Panattoni Park Košice Airport, for example.