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Czech Republic Panasonic starts production in Pilsen

Warehouse & industrial
The hall in Panattoni Park Pilsen West II has welcomed Panasonic as a new tenant. The hall, with a total area of over 24,600 sqm, will be used for the production and storage of control panels for air conditioners and heat pumps manufactured in the Czech Republic.

The new building with a total area of 24,662 sqm completes the development of the Nýřany brownfield site, where together with the building already completed this year, Panattoni Park Pilsen West II has over 60,000 sqm of lettable space. Panasonic Heating & Ventilation Air-Conditioning has been dedicated exclusively to the manufacture of heat pumps since 2022.

Air-to-water heat pumps, as an environmentally friendly and economical heat source, are becoming increasingly popular. Between 2019 and 2022, demand in the European market has doubled to 3 mln units sold per year. During this period, Panasonic has grown four times in the heat pump segment. For this reason, we have decided to expand production capacity at the Pilsen factory.
Hiroshi Komatsubara, Managing Director, Panasonic Heating & Ventilation Air-Conditioning Czech, CEO, HVAC Business Division Europe

Panasonic has been a major manufacturer and employer in the Pilsen region since 1996, when it opened its first production hall here. At that time, it was the first Japanese investment in the Czech Republic. The original production was dedicated to TV sets, but today there are specialists in the complete production of air-water heat pumps. Due to the fact that we also work with these technologies within our halls to achieve energy cost reductions and minimise the CO2 footprint of buildings, it was fitting that we were the obvious choice for Panasonic.
Pavel Sovička, Panattoni's Managing Director for the Czech Republic and Slovakia

The whole project has revitalized an originally dead brownfield with a strong industrial tradition. The Krimich I black coal mine was historically located near the site. In the 1920s, the Plzeň Škoda factory built a thermal power plant here, and since 1971, the buildings of the former shaft and power plant have been gradually rebuilt into the Likona Nýřany food processing plant.

Nýřany is located directly at exit 93 of the D5 motorway. It offers connection to Germany and the Czech Republic via the D5 motorway and the German A6/A93/A9 motorway network to Nuremberg, Reich and Munich. The village is also connected to the railway network.

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schedule 22 November 2024
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Retail & leisure

Poland One in seven square metres of retail space to be built in Poland

schedule 21 November 2024
Opr./edited by ANZ

According to Trends Radar. Real Estate: From Stabilisation To Optimism, the latest report from Cushman & Wakefield, in 2024, Poland came second in Europe in terms of new retail supply, surpassed only by France. 

Office & mixed-use development

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schedule 21 November 2024
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The Małopolska Centre of Entrepreneurship will move into the GTC Newton building, which is part of the Korona Office Complex. The institution will occupy an area of over 3,000 sqm.

Retail & leisure

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schedule 21 November 2024
Opr./edited by ANZ

According to BNP Paribas Real Estate Poland latest report “At a Glance: Modern Retail Market in Poland, Q3 2024”, predictions of the imminent decline of shopping centres in Poland have proven premature. In Q3 2024, the Polish retail market expanded by another 116,000 sqm. 

Hotels

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schedule 20 November 2024
Opr./edited by ANZ

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Warehouse & industrial

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schedule 20 November 2024
Opr./edited by ANZ

According to Savills' analysis of the industrial real estate market in the Czech Republic, lease renegotiations, or the extension of older lease agreements in existing premises, have become a significant part of the warehouse and manufacturing real estate market. 

Investment & finance

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schedule 20 November 2024
Opr./edited by ANZ

Panattoni has secured a EUR 75 mln loan from Citibank (London Branch). The funds are intended to finance the Panattoni Park Sulechów III investment.

Infrastructure

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schedule 19 November 2024
Opr./edited by ANZ

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Warehouse & industrial

Poland Lynka is staying with Panattoni

schedule 19 November 2024
Opr./edited by JC

Lynka, a European supplier of branded apparel, has extended its lease of 9,000 sqm of warehouse, manufacturing, office and social space in Panattoni Park Kraków IV.

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schedule 18 November 2024
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schedule 15 November 2024
Opr./edited by ANZ

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Public buildings

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schedule 15 November 2024
Opr./edited by ANZ

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schedule 14 November 2024
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Savills IM has let the last vacant rental space of the European Logistics Fund 2 (ELF 2) in a logistics property in Konotopa, Poland, on a long-term lease.

Investment & finance

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schedule 14 November 2024
Opr./edited by JC

Panattoni has been awarded a pioneering green loan from Berlin Hyp worth EUR 74.34 mln. The financing is for a logistics center in Bydgoszcz developed for an e-commerce firm.

Residential

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schedule 13 November 2024
Opr./edited by JC

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Investment & finance

Poland Vantage has EUR 100 mln to invest in Poland

schedule 13 November 2024
Opr./edited by ANZ

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Hotels

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schedule 13 November 2024
Opr./edited by ANZ

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Warehouse & industrial

Poland All occupied at Hillwood in Łódź

schedule 13 November 2024
Opr./edited by ANZ

The two Łódź logistics centres - Hillwood Łódź Chocianowice and Hillwood Łódź Górna - have been fully leased. The latest agreement has been concluded at the second facility, with a client from the electronics industry.

Warehouse & industrial

Poland Orlen chooses P3 Piotrków park

schedule 13 November 2024
Opr./edited by ANZ

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Latest in Warehouse & industrial

schedule 22 November 2024

New logistics hub near Prague

7R and EQT Exeter will jointly develop a modern logistics park near Prague. The 56,000 sqm investment will consist of two buildings located along the D8 highway, which serves the Greater Prague area.

schedule 20 November 2024

Renegotiations account for nearly 40 pct of industrial leases

According to Savills' analysis of the industrial real estate market in the Czech Republic, lease renegotiations, or the extension of older lease agreements in existing premises, have become a significant part of the warehouse and manufacturing real estate market. 

schedule 19 November 2024

Lynka is staying with Panattoni

Lynka, a European supplier of branded apparel, has extended its lease of 9,000 sqm of warehouse, manufacturing, office and social space in Panattoni Park Kraków IV.

schedule 13 November 2024

All occupied at Hillwood in Łódź

The two Łódź logistics centres - Hillwood Łódź Chocianowice and Hillwood Łódź Górna - have been fully leased. The latest agreement has been concluded at the second facility, with a client from the electronics industry.

schedule 13 November 2024

Orlen chooses P3 Piotrków park

P3 Logistic Parks and Orlen have signed a lease agreement for nearly 24,000 sqm of space in the P3 Piotrków park. The facility will serve as a warehouse for supplying the corporation's fuel stations.

schedule 12 November 2024

Panattoni launches a BTS factory

Panattoni has completed a BTS development in Świdnik. A new factory was built for Trilux, a German company operating in the professional lighting sector.

schedule 12 November 2024

CTP builds for Redcare Pharmacy

CTP has began the construction of a new distribution centre of more than 30,000 sqm at CTPark Blatnice in the Czech Republic for Redcare Pharmacy. The building is scheduled for completion in July 2025.

schedule 08 November 2024

DHL warehouse is fully automated

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schedule 07 November 2024

Panattoni makes space for XBS

Panattoni is constructing the third and final building in the Panattoni Park Warsaw West development. The 16,460 sqm facility is being built to meet the needs of XBS Logistics.

schedule 07 November 2024

Full occupancy at Niedersachsenpark Rieste

Garbe Industrial Real Estate is leasing its last available plot in Niedersachsenpark Rieste to a provider of logistics services. The company plans to use an 11,500-sqm hall there to store and handle components for the process chain of a car manufacturer.

schedule 04 November 2024

Panattoni gets millions from BNP Paribas

Panattoni has been granted a loan for the development of a new distribution centre for a leading retailer. The EUR 36.5 mln loan was granted by BNP Paribas.

schedule 31 October 2024

Panattoni signs $500m Saudi deal

Panattoni Saudi Arabia and Bahrain-based GFH Financial Group (GFH) have today announced the creation of a strategic partnership for the development of 500,000 sqm of logistics facilities in Saudi Arabia.

schedule 30 October 2024

AI controlled centre for Auchan

Panattoni is constructing a fully robotic BTS distribution centre for Auchan Polska. The centre in Wilcza Góra near Warsaw is to service the  customers from the updated internet platform.

schedule 29 October 2024

The sixth Garbe park in the Czech Republic

Garbe Industrial Real Estate CEE has received the building permission for the construction of two industrial facilities in Pohořelice, located approx. 30 kilometers south of Brno. The new development, consisting of two halls measuring 20,000 sqm and 11,000 sqm, is set to begin construction imminently, with plans to make the properties available within eight months.

schedule 29 October 2024

Huge warehouse is now up and running

The Neon logistics centre, developed for Hermes Fulfilment by Panattoni, has been opened. The area of the investment in Konin Żagański amounts to over 250,000 sqm.

schedule 29 October 2024

Pallady hub in Bucharest fully operational

Logicor has completed the first two buildings in Logicor Bucharest III Pallady Logistics Park, the first last mile logistics hub in the city.

schedule 28 October 2024

XBS has leased 90,000 sqm

XBS Logistics and XBS Pro-Log of the XBS Group have leased over 90,000 sqm in total across four industrial parks near Warsaw.

schedule 28 October 2024

A brand new home for Toyota

Panattoni has completed the construction of a new 50,300 sqm park in Bolesławiec. The first tenant in the development is to be Toyota Boshoku Poland.

schedule 25 October 2024

Operating costs in industrial halls decrease in Prague

According to the Savills Global Warehousing Costs 2024 analysis, Prague is the only European city where the total costs associated with operating premium industrial properties decreased year-on-year, by 1.8 pct. 

schedule 24 October 2024

Czech industrial rents hold steady

Industrial Research Forum announced Industrial Market Figures for Q3 2024. Space under construction in Czech Republic is significantly larger than new supply so far in 2024.

Edition 11 (293) November 2024

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