September 12, 2017

Panattoni Europe completes a factory for Ideal Automotive – nearly 20,000 sqm in Zielona Góra

Panattoni Europe completes a factory for Ideal Automotive – nearly 20,000 sqm in Zielona Góra

Panattoni Europe has completed a BTS manufacturing project for a German company from the automotive sector, Ideal Automotive. The 19,645 sqm facility is in Zielona Góra at the Kostrzyn-Słubice Special Economic Zone. The building was officially opened on 7 September 2017.

The developer built a manufacturing and warehousing hall for the German-based Ideal Automotive – a manufacturer of vehicle interior parts and components, including textile linings, mats, coatings as well as moulded parts and sound damping components for dozens of car brands, including Mercedes-Benz, BMW, Audi, Volvo, Volkswagen, McLaren, Lamborghini, Bugatti and Porsche.

Construction works began last October, the facility was delivered to the tenant in March 2017, while its official opening took place on 7 September 2017.

The transaction was mediated by the international advisory firm Colliers International.

Marek Foryński, Managing Director of BTS Group at Panattoni Europe, commented: “The modern manufacturing and warehousing hall was 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.”

The facility for Ideal Automotive was built in Zielona Góra – in one of the most industrialised and urbanised regions in Central Europe. With the new project, the company stands to employ as many as several hundred people in the future. The property enjoys a strategic location between Berlin and Prague. The investment site is situated in the vicinity of the S3 expressway, part of the international route E65, running across Europe from north to south. The facility will also be conveniently communicated with the A2 and A4 motorways, leading to the West. The proximity of the German border (only 70 km), providing for easy access to the manufacturing plants of Daimler, Audi, BMW and Volkswagen, is a key advantage of this location.

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