September 08, 2015

Panattoni Europe’s distribution centre for UPS officially opens

Panattoni Europe’s distribution centre for UPS officially opens

Panattoni Europe, Poland's leader in the industrial property market, announced the official opening of a distribution hub and main centre of UPS in Poland, built by the developer. The 14,250 sqm facility was executed as a build-to-own (BTO) investment - purpose-built for the customer to own, in the logistic heart of Poland - Stryków.

The investment completed by Panattoni Europe for the United Parcel Service (UPS), is the company's first own logistics centre in Poland and at the same time the largest investment of its kind in the history of UPS in Poland. The centre was built in Stryków and is divided into the distribution section with more than 11,934 sqm and the office section (including staff facilities) featuring more than 2,316 sqm. The new facility will be used to reload as well as distribute parcels of various sizes. To this end, it has been equipped with sorting technology that can process up to 15,000 parcels per hour.

The official opening of the facility took place on 2 September, and was attended not only by the representatives of both companies, but also on behalf of the Ministry of Economy: Janusz Piechociński - Deputy Prime Minister, Minister of Economy, and representing local authorities: Bogdan Jorota - Zgierz Starost, Andrzej Jankowski - Mayor of Stryków and Marek Cieślak - Deputy Mayor of Łódź.

Panattoni Europe's facility for UPS is an example of an investment custom-built for the future owner of the building, a so-called build-to-own (BTO) project. Robert Dobrzycki, Managing Director Panattoni Europe, explained: "With a BTO investment, the developer is responsible for complete execution: from finding the right site for development (in this case it was 12 ha of land pieced together from 10 smaller plots with different owners), through following all the legal and administrative procedures, to supervising construction, acceptance of the finished facility and delivery to the customer,” and added: "It is also an example of a build-to-suit (BTS) investment, this time executed to a special order from a leading courier company, that is UPS.”

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