No slowdown for Panattoni

Projects in Warsaw and Łódź The company has also announced that it will develop 25,000 sqm of space at City Logistics Warsaw III. The park will be next to the Warsaw ring road and the first tenant is to be beauty product retailer Trena, which has leased 9,000 sqm, including 2,000 sqm of office and social space. The tenant is to move in in May 2020. According to Marek Dobrzycki, “City-based warehouses are no longer a trend and have become a genuine need that is recognised worldwide. This has been brought about by the rapid growth in e-commerce, as well as by urbanisation with the gradual shift of the population from rural to urban areas”. City Logistics Warsaw III comprises two modern buildings totalling 25,000 sqm of space, with minimum units of 1,200 sqm. With flexible unit layout options, the space will be suitable for warehousing, sorting and packaging operations. The project will be delivered within the city’s limits, on ul. Przyparkowa, 800m from the “W