November 30, 2016

Panattoni Europe for the automotive sector again

Panattoni Europe for the automotive sector again

Panattoni Europe is developing a BTS manufacturing project for a German company from the automotive sector, Ideal Automotive. The 19,645 sqm facility is going up in Zielona Góra at the Kostrzyn-Słubice Special Economic Zone. Commissioning of the building is planned for March 2017. The contract was brokered by the international advisory firm Colliers International.

The manufacturing and warehousing hall developed by Panattoni Europe is Ideal Automotive’s first investment in Poland, but already the second partnership between the two companies in Europe. In 2014, the developer had built a manufacturing plant for Ideal Automotive at Panattoni Park Stříbro in the Czech Republic. Now, Ideal Automotive intends to use the new facility to expand its operations and boost manufacturing capacity in Central and Eastern Europe.

Marek Foryński, Managing Director of BTS Group at Panattoni Europe said: “The modern manufacturing and warehousing hall is being built according to the requirements specified by Ideal Automotive. Our client portfolio in the automotive sector is very broad and keeps getting bigger. Among our investments are facilities developed for Kongsberg Automotive, Sanden Manufacturing Poland, IFA Rotorion, Pilkington Automotive and Benteler Automotive, to name but a few. Panattoni Europe’s successive project for Ideal Automotive provides evidence that the quality of our services enables us to cooperate with our clients on a long-term basis.”

Zielona Góra is one of the most industrialised and urbanised regions in Central Europe. With the new project, the company stands to employ several hundred people in the future. The property enjoys a strategic location between Berlin and Prague.

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