Thursday, August 13, 2020
Home News Warehousing, logistics and industrial Panattoni Europe builds 73,000 sqm of space in Tychy

Panattoni Europe builds 73,000 sqm of space in Tychy

Panattoni Europe, an industrial real estate leader in Europe, is once again reaching for development opportunities in Silesia. This time, the developer has embarked on the construction of Panattoni Park Silesia South in Bieruń, 7 km from the centre of Tychy. The project will total 73,000 sqm, and its first tenant is Havi Logistics, poised to take up 13,000 sqm. The 35,000 sqm to be delivered in phase one of the project will be available already in the coming October. HAVI was advised in the deal by JLL, and has signed a 10-year lease.

The development of Panattoni Park Silesia South, with planned space of 73,000 sqm will begin in May. Phase one will include the construction of 35,000 sqm, to be completed in October 2019. The facility will be built 7 km from the centre of Tychy, which boasts a high rank among “Polish Cities of the Future 2019/2020”. The ranking was put together by the analysts from the fDi portal, owned by a British daily. Among mid-sized cities, Tychy came second in terms of “economic potential” and third in “communication” and “overall ranking”. The huge potential of the city was also recognised by Panattoni Europe, which is expanding its presence in Silesia.

The Silesian Voivodeship is crucial to Poland’s economy on a nationwide scale – generating as much as 12.4 percent of the GDP. Marek Dobrzycki, Managing Director Panattoni Europe commented: “The location of the park near Tychy is not random. The city continues to grow and claims an increasingly significant place on the economic map of Silesia and Poland as a whole, and its high position in the ranking of “Cities of the Future” prepared by the British Financial Times only confirms it. By building the logistics park in Bieruń we can be part of the rapid development of the region, and with the bus connection from Tychy and 275 parking spaces this location gains in the eyes of potential employees.”

Panattoni Park Silesia South is a class A warehouse building with planned space of 73,000 sqm. The project is designed to cater to the needs of customers from different business sectors and will be suitable for both warehousing and light manufacturing processes. Its potential for customisation may attract representatives of the automotive sector, well developed in and around Tychy. Warehousing and office units at the park can be adapted in a flexible manner. The facility features convenient service yards, ground-level gates and LED lighting. It also fulfils quality criteria confirmed by BREEAM certification. Even the location of Panattoni Park Silesia South on its own is enough to attract international business. The site is close to three national borders – with Germany, the Czech Republic and Slovakia – as well as three airports – in Krakow, Katowice and Ostrava, which are between 20 and 60 minutes’ drive away. The park lies barely 5 km away from the A1 motorway, spanning Poland’s southern and northern borders, and 2 km from the national road DK44 going to Krakow, which provides for efficient road transport throughout Silesia, Poland and southern Europe.

Most Popular

M7 acquires Katowice office building for new CEE fund

M7 Real Estate has undertaken its first acquisition on behalf of M7 CEREF II, its value-add opportunities fund focused on offices and...

Metropol Group acquires five shopping centres in Poland

Greenberg Traurig advised Metropol Group on the acquisition of a shopping centre portfolio, consisting of five regional convenience stores is located in...

Weerts Group to start new warehouse development near Budapest

The logistics sector of Hungary is booming with foreign investors continuing to be optimistic about the market outlook. The latest evidence of...

Panattoni sells two city logistics parks in Warsaw to LaSalle

Panattoni and Marvipol have sold two city logistics parks in Warsaw to LaSalle Investment Management. The facilities, totalling nearly 25,000 sqm, were...