Poland Panattoni with the financing from BGK
Investment & financeschedule 21 August 2023
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Panattoni has been granted financing for the development of City Logistics Warsaw IX in Targówek – one of its urban parks in Warsaw. The EUR 10.5 mln loan was granted by Bank Gospodarstwa Krajowego.
For the last five years, Panattoni has been growing the City Logistics sector, and up till now it has delivered 560,000 sqm in last mile centres. In this sector in Warsaw, the developer has completed urban centres with close to 150,000 sqm. Today, the BGK is supporting the growth of this urban portfolio having granted a loan worth EUR 10.5 mln for the development of City Logistics Warsaw IX. The project is to be built in Warsaw’s Targówek district on ul. Utrata and will comprise over 14,000 s
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