January 29, 2014

Panattoni commences construction of 201,000 sqm for Amazon - a record breaking transaction in Poland and CEE

Panattoni commences construction of 201,000 sqm for Amazon - a record breaking transaction in Poland and CEE

Panattoni Europe has broken another record on the industrial space market. Following the contracts with H&M, Leroy Merlin, Tesco and the facility for Castorama, the developer has won another impressive contract. It includes two distribution centres for the industry leader in online retail, Amazon - the world's largest distance selling chain. The total space of the facilities built by Panattoni will amount to 201,306 sqm.

"The centres to be delivered by Panattoni Europe are placed in strategic locations, not just for Amazon and the developer, but also for the local logistics market. They will be built near Poznań and Wrocław, and each one will feature more than 100,000 sqm. Each one will provide jobs for around 2,000 people, going up to 3,000 in the holiday season. It is a momentous transaction not only for the development industry, but also for the economy, and definitely a landmark event in the market," said Robert Dobrzycki, Managing Partner for Panattoni Europe.

He added: "The distribution centres for Amazon constitute the biggest contract in the history of the real estate market in Poland and in CEE, lending more proof to the professionalism and dynamism of the Panattoni team. We are proud that Panattoni in Poland contributed to expanding Panattoni US - Amazon US business relationship, not only in our country but also in Europe.”

The first of the warehouses is under development in Sady near Poznań, about 2.5 kilometres from the expressway S11 and 16 km from the motorway A2. The facility will take up more than 100,653 sqm. The facility will feature 2,154 car parking spaces, 97 truck spaces, 32 handicapped spaces, 16 motorcycle spaces, and 60 reloading docks. Due to the high headcount and to facilitate commuting by public transport, two bus stops will be built in the vicinity of the investment. The facility will be the first to be commissioned, as soon as mid-August 2014.

The other facility will be built in Wroclaw’s Bielany, in the direct vicinity of the Nowa Wieś junction linking the motorways A4 and A8. The planned space accounts for close to 100,653 sqm, of which the warehouse will take up 91,837 sqm, while office and staff facilities - 8,816 sqm. The distribution centre will feature 1,942 car parking spaces (including those for disabled drivers), 111 truck spaces, 16 motorcycle spaces and 60 reloading docks. Construction works are set to start as early as December, while planned completion and commissioning are expected in September next year.

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