Catching the wave

ALEX HAYES, 'Eurobuild CEE': In January we wrote that Panattoni had developed 164,000 sqm over 2011, that it had leased an area of 350,000 sqm and that 100,000 sqm was under development. What has happened since then?ROBERT DOBRZYCKI, managing partner for the CEE region of Panattoni Europe: Since the beginning of 2012 we have completed 100,000 sqm in Poland for such clients as Delphi, Recaro and Manuli Hydraulics and now have under construction another 135,000 sqm. In the spring we started a number of new developments. We've been extending our parks with new BTS schemes. We have a number of new sites and we are starting our first retail box development in the autumn. We've also signed leases with clients such as Pilkington and Lear. Our parks in Mysłowice, Łódź and Wrocław are all expanding. All these projects began this year. What about speculative development?There has not been much. We might add a speculative development to a pre-leased warehouse, but only in locations where