PL

INDIA Panattoni expands into India

Warehouse & industrial
Warsaw-based industrial developer Panattoni has entered the Asian market by establishing operations in India. Its headquarters in the country are located in Bengaluru, the largest city in southwestern state of Karnataka.

Panattoni India is to be led by its managing director, Sandeep Chanda, formerly the head of strategy and acquisitions at Embassy Industrial Parks.

The company plans to introduce its ‘open book’ business model of partnering with global institutional investors for direct investment in the Indian industrial and warehouse market. Panattoni’s initial focus is on the top eight Indian cities, where it aims to launch its first two to three projects by the end of 2023 in an initial investment of USD 200 mln (EUR 193 mln). The second phase of its expansion will be into tier-2 markets. The opening of the Bengaluru HQ follows the opening of the developer’s first Indian office in Mumbai and it also has plans to set up in Delhi.

In just 20 years Panattoni has established itself as the largest industrial and logistics real estate developer in Europe as well as the top-ranking consistent deployer of global institutional capital directly in this fast-expanding investment property sector. I see no reason why the institutionalisation and dramatic growth of the industrial and logistics markets in North America and Europe cannot be repeated in Panattoni’s Indian base and beyond into other Asian countries and on a faster, greater scale in the years ahead. We will facilitate investors’ access to these assets and support the sustainable growth of India’s economy and employment as we have done in the US and across Europe.
Robert Dobrzycki, the CEO and co-owner of Panattoni Europe and India

Industrial and logistics leasing activity in India grew by about 39 pct y-o-y to over 2.6 mln sqm in 2021 from 1.77 mln sqm in 2020, according to CBRE. The demand for new and modern logistics areas is driven by strong growth in online retail, with retailers and e-commerce players seeking to expand their warehousing space. With increased activity in sectors like e-commerce and 3PL/logistics, the warehouse inventory in the country is expected to expand to over 35.3 mln sqm by 2024, according to JLL.

Latest news

Warehouse & industrial

Czech Republic ViaPharma again with CTP

schedule 09 June 2023
Opr./edited by ANZ

ViaPharma has signed a 20-year lease agreement with the developer CTP for two Czech CTParks. CTP will prepare and hand over the premises, with a total area of almost 27,000 sqm and several specific modifications for the pharmaceutical industry, at the end of 2023.

ESG

Poland H2Offices’ sustainability recognized

schedule 09 June 2023
Opr./edited by ANZ

The first phase of Skanska's H2Offices has earned a Platinum LEED Core and Shell version 4 certification with 84 points. The building also obtained the highest rating of Access4You certification, meaning Gold level.

Residential

Czech Republic Affordable housing project in Prague

schedule 07 June 2023
Opr./edited by ANZ

Wolf Theiss Prague's real estate team successfully advised Sekyra Group in connection with the forward sale of residential project Opatov II to Dostupné bydlení České spořitelny and Kooperativa pojišťovna, Vienna Insurance Group as buyers.

Warehouse & industrial

CZECH REPUBLIC Packed into Pardubice hall

schedule 07 June 2023
Opr./edited by NN

Packaging producer Ire-Tex Praha has signed a five-year lease for a 7,500 sqm production hall in the Fáblovka industrial zone in Pardubice.

Office & mixed-use development

HUNGARY Lightware alights in Hungária

schedule 07 June 2023
Opr./edited by NN

Audio visual equipment supplier Lightware has leased 7,000 sqm in Hungária Office Park in Budapest for its new headquarters.

Events

Poland Save the date!

schedule 06 June 2023
Opr./edited by ANZ

It's that time of year when it is once again our great pleasure to invite you to the longest-running and most prestigious conference on the Polish office real estate market.

Warehouse & industrial

Poland Ekonip chooses a warehouse in Mszczonów

schedule 06 June 2023
Opr./edited by JC

Ekonip Logistics, a company specializing in logistics services for hazardous materials, has decided to lease 9,200 sqm of warehouse and office space at the Logicor logistics park in Mszczonów.

Warehouse & industrial

Romania MLP Bucharest West is growing

schedule 06 June 2023
Opr./edited by ANZ

MLP Group is expanding the MLP Bucharest West logistics park. A new facility of approx. 16,000 sqm is being built on a speculative basis. The investment will be put into operation by the end of this year.

Investment & finance

Serbia CA Immo sells Belgrade Office Park

schedule 05 June 2023
Opr./edited by ANZ

CA Immo has successfully signed and closed the sale of the Serbian office complex Belgrade Office Park to a domestic investor. With two buildings and an underground car park, the complex comprises approx. 27,200 sqm of total lettable space.

Office & mixed-use development

Poland Glovo takes an entire floor

schedule 05 June 2023
Opr./edited by ANZ

Delivery platform Glovo has leased more than 2,000 sqm in Warsaw's Q22 office building. The company will occupy an entire floor in the facility.

Warehouse & industrial

Poland Victaulic stays in Poznań

schedule 05 June 2023
Opr./edited by ANZ

GLP has signed a contract with Victaulic, which has leased 7,500 sqm of space in the newest building of GLP's warehouse park at Poznań's Ławica airport.

Warehouse & industrial

Poland For the sixth time with K-Flex

schedule 05 June 2023
Opr./edited by ANZ

Panattoni has opened the sixth BTS facility within the K-Flex manufacturing and warehouse campus in Uniejów. With the new 33,000 sqm warehouse, the Uniejów complex has now exceeded 100,000 sqm.

Eurobuild FM

Poland Samuel Vetrak on the PBSA market in Poland

schedule 05 June 2023
Anna Zamyłka

In the latest episode of Eurobuild FM, Samuel Vetrak of Bonard consultancy firm talks exclusively to Eurobuild about the rapidly growing PBSA market in Poland.

Office & mixed-use development

Poland Ingage reaches for Infinity

schedule 02 June 2023
Opr./edited by JC

Investor relations (IR) software specialist Ingage Poland has leased almost 700 sqm of office space in the Infinity building in Wrocław.

Residential

POLAND Develia to take over Nexity Polska

schedule 01 June 2023
Eurobuild CEE

Polish developer Develia has signed a preliminary agreement to acquire 100 pct stakes in the Polish subsidiaries of French developer Nexity for EUR 100 mln (app. PLN 453 mln).

Eurobuild FM

Poland Gianluca Romano on the European investment market

schedule 01 June 2023
Magda Rachwald

In the latest episode of Eurobuild FM, Gianluca Romano, the head of capital raising at Swedish real estate investor Catella, tells us about the current situation on the investment market in Poland, the CEE region and Europe as a whole, as well as his expectations and forecasts for 2023.

Investment & finance

Poland Neptune gets funding

schedule 01 June 2023
Opr./edited by ANZ

Neinver and Nuveen Real Estate have successfully raised around EUR 170 mln in debt financing for the Polish portfolio of Neptune, a joint venture between Neinver and TIAA.

Retail & leisure

Czech Republic CBRE on the state of Czech retail

schedule 01 June 2023
Opr./edited by ANZ

The rapid rise in prices (inflation increased by 15.1 pct y-o-y) and energy expenses have been met by a further decline in already weakened customer confidence. How did this affect shopping centres in the Czech Republic?

Warehouse & industrial

Poland Robod chooses 7R City Park Gdańsk South II

schedule 01 June 2023
Opr./edited by JC

7R has provided space at 7R City Park Gdańsk South II to Robod, a manufacturer and distributor of occupational health and safety products.

ESG

Czech Republic ESG is both a challenge and an opportunity

schedule 01 June 2023
Opr./edited by ANZ

The real estate market in the Czech Republic is not yet fully prepared for the new ESG-related requirements, according to Colliers. Even construction projects planned over the next few years will not resolve this issue, since meeting strict standards is both procedurally and financially demanding.

Latest in Warehouse & industrial

schedule 09 June 2023

ViaPharma again with CTP

ViaPharma has signed a 20-year lease agreement with the developer CTP for two Czech CTParks. CTP will prepare and hand over the premises, with a total area of almost 27,000 sqm and several specific modifications for the pharmaceutical industry, at the end of 2023.

schedule 07 June 2023

Packed into Pardubice hall

Packaging producer Ire-Tex Praha has signed a five-year lease for a 7,500 sqm production hall in the Fáblovka industrial zone in Pardubice.

schedule 06 June 2023

Ekonip chooses a warehouse in Mszczonów

Ekonip Logistics, a company specializing in logistics services for hazardous materials, has decided to lease 9,200 sqm of warehouse and office space at the Logicor logistics park in Mszczonów.

schedule 06 June 2023

MLP Bucharest West is growing

MLP Group is expanding the MLP Bucharest West logistics park. A new facility of approx. 16,000 sqm is being built on a speculative basis. The investment will be put into operation by the end of this year.

schedule 05 June 2023

Victaulic stays in Poznań

GLP has signed a contract with Victaulic, which has leased 7,500 sqm of space in the newest building of GLP's warehouse park at Poznań's Ławica airport.

schedule 05 June 2023

For the sixth time with K-Flex

Panattoni has opened the sixth BTS facility within the K-Flex manufacturing and warehouse campus in Uniejów. With the new 33,000 sqm warehouse, the Uniejów complex has now exceeded 100,000 sqm.

schedule 01 June 2023

Robod chooses 7R City Park Gdańsk South II

7R has provided space at 7R City Park Gdańsk South II to Robod, a manufacturer and distributor of occupational health and safety products.

schedule 01 June 2023

PepsiCo opens its fifth plant

PepsiCo has opened its fifth production plant in Poland in Święte, Lower Silesia. The investment, worth more than PLN 1 bln, will help expand the company's product range and increase the scale of production targeting 20 European markets.

schedule 31 May 2023

A breeze of cold in Panattoni

Panattoni has begun construction of City Logistics Warsaw IX. The investment will be worth EUR 19 mln and the final area will be 13,000 sqm. Half of the facility is to be occupied by Inter-Mlecz, a distributor of grocery brands.

schedule 30 May 2023

Rohlig Suus has a place with MDC²

Rohlig Suus Logistics will be the main tenant at MDC² Park Gliwice and will occupy an area of approx. 20,400 sqm. The facility, located at the junction of the A4 and A1 motorways, has been awarded a BREEAM New Construction certificate at the Outstanding level.

schedule 30 May 2023

More space for Orbico

Panattoni is developing a distribution centre for Orbico Supply, a logistics operator active within the Orbico Polska group. The BTS facility in Teresin near Warsaw will eventually reach 38,000 sqm.

schedule 29 May 2023

Electric bikes at Annopol

Coci E-Motion, a Polish manufacturer of electric bicycles, has leased more than 4,200 sqm of space within City Logistcs Warsaw IV on Annopol, Panattoni's largest development within the capital's borders.

schedule 26 May 2023

Poldi Kladno ironworks to be rejuvenated

Logport has officially started the revitalisation of the famous former Poldi Kladno ironworks, one of the largest brownfields in the country.

schedule 25 May 2023

Garbe will fix the Old Dairy

Garbe Industrial Real Estate has acquired a conversion site of around 48,000 sqm in Gera, a town located in the east of Thuringia. The plan is to build a logistics and commercial property with a total area of 28,000 sqm there.

schedule 25 May 2023

Panattoni to build again for H&M in Poznań

Panattoni has already completed nearly 230,000 sqm of space for H&M Group. This year, the company will deliver another 82,000 sqm of sustainable warehouse space in the Poznan region.

schedule 24 May 2023

Peakside begins largest Warsaw warehouse project

Peakside Capital Advisors has begun construction of the largest logistics park in Warsaw. City Point Targówek will comprise 100,000 sqm of sustainable warehouse space about 8 km from the city centre.

schedule 24 May 2023

Czech industrial hits 11 mln mark

The Czech industrial real estate market passed the 11 mln sqm mark, and grew by 10 pct year-on-year. The total volume of newly completed industrial space amounted to 217,900 sqm in Q1 of this year. Increased construction activity, which has been evident on the market since the end of 2021, is now bearing fruit, according to Colliers’ regular quarterly survey.

schedule 24 May 2023

Renewable rental by the sea

A Geman distributor and provider of services and solutions for the renewable energy sector has leased more than 25,400 sqm at CTPark Gdańsk Port.

schedule 23 May 2023

Garbe expands logistics park near Berlin

Garbe Industrial Real Estate creates further settlement potential in the Berlin/Brandenburg metropolitan region. In Oberkrämer, the Hamburg-based project developer has started to build a logistics property with a total area of around 21,000 sqm.

schedule 23 May 2023

Two add 10k in CTP Bucharest West

Integrated logistics company Maersk and IB Cargo has expanded its premises by over 30 pct to app. 100,000 sqm in CTPark Bucharest West.

Categories