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Poland A EUR 75 mln loan for Panattoni Park Sulechów III

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

The Panattoni Park Sulechów III project initially comprised a 90,000 sqm hall, built for a leading e-commerce player. The client then decided to enlarge the building by an additional 46,000 sqm.

Panattoni developed the facility according to the client's specific needs - among others, part of the building was raised and adapted for multi-storey warehouse picktowers to maximise space for logistics operations.

Panattoni Park Sulechów III is located close to the western border, between the A2 and A4 motorways, providing access both westwards to Berlin and eastwards towards Poznań, Łódź and Warsaw. Thanks to the vicinity of the S3 expressway, there is also good access to Szczecin and Zielona Góra, and the Zielona Góra-Babimost Airport is 11 km from the site.

The investment has been BREEAM-certified at the Excellent level. The building is equipped with a number of environmentally friendly solutions, such as BMS systems, intelligent lighting or a roof adapted for installation of photovoltaic panels. The project also takes social aspects into account, providing comfortable working conditions and access to natural light in the offices and relaxation areas outside the building.

Due to the confidence of our partner – Citibank – we were able to finance one of the largest logistics centres in the Lubusz region. Here, an international company now has an excellent base where it can expand its European activities, in particular its e-commerce operations. We are pleased that this project will result in the strengthening of our client’s market position.
Emilia Taczewska-Trojańska, head of Debt Finance Poland at Panattoni

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Edition 11 (293) November 2024

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