No slowdown for Panattoni
Trends
BBK will be opening a 68,500 sqm Home & You store
POLAND With parks under construction, completed projects and investment deals – Panattoni Europe again has its hands full. The latest large-scale project that the company has announced is Panattoni Park Gdańsk Airport, which is to comprise almost 107,000 sqm gla in four warehouse buildings. Already the first lease has been signed with BBK which will take up 68,500 sqm for its Home & You store chain. Construction work is to start before the end of the year and be completed in mid-2020. The tenant was advised by Colliers International. “An airport always contributes to the development of its surrounding area. Because of the well-developed transport links nearby, industrial, and warehouse as well as office and retail projects are springing up in the area as part of an airport city development,” says Marek Dobrzycki, the managing director of Panattoni Europe.
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
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