Thursday, June 4, 2020
Home News Warehousing, logistics and industrial Panattoni Park in Białystok fully leased, second phase now under way

Panattoni Park in Białystok fully leased, second phase now under way

Panattoni Europe, a market leader in industrial real estate in Europe, continues its expansion in north-eastern Poland. The developer has fully leased out Panattoni Park Białystok I and announced the development of the second distribution centre in the heart of Podlasie. An additional 35,000 sqm will be delivered this year at Panattoni Park Białystok II.

Panattoni was the first industrial space developer to bring modern class A warehouse space to the Podlasie region. The recently completed Panattoni Park Białystok I, offering in excess of 40,000 sqm, is a great success. The developer has just leased out 100 per cent of its space, which has been taken up by companies from different business sectors – manufacturing, logistics, as well as a wholesaler of books, games and music. Thanks to the successful commercialisation of the first distribution centre in Białystok, the developer is now announcing another investment. It will be Panattoni Park Białystok II, planned to total 35,000 sqm. The distribution centre will be situated in Choroszcz, right next to the Białystok Zachód-Ploski junction, connecting the S8 with the upcoming S19.

“Białystok is the fastest-growing city in Podlasie, on the eastern border of not only Poland but also the European Union,” comments Dorota Jagodzińska-Sasson, Managing Director, Panattoni. “The dynamic growth of e-commerce and the development of infrastructure in Poland attracts many investors to the region, from both Poland and abroad. After the completion of the S19 (Via Carpathia), running through the main cities of Eastern Poland and ultimately connecting Klaipeda in Lithuania with Thessaloniki in Greece, Białystok is bound to become not only a crucial industrial centre within the Podlasie region, but also a major landmark along this important transport route. That is why Panattoni is already supporting the future success of the region.”

Panattoni Park Białystok II, with 35,000 sqm of space, will be suitable for a variety of business applications – from logistics to manufacturing. The Park will comprise two class A warehouse buildings. Each one will feature state-of-the-art unloading docks, ground-level access gates and wide service yards, as well as spacious office facilities which can be customised to individual needs. The project will fulfil the criteria of BREEAM certification with a “Very Good” rating.

Most Popular

ISOC Group acquires Silesia Business Park

Still seeing a positive outlook for Poland despite the pandemic, the ISOC Group from the Philippines has bought two buildings (A and...

CPI takes a closer step to managing all its properties in Warsaw

CPI Property Group (CPIPG), the largest owner of commercial real estate in the Czech Republic, Berlin and the region of Central and...

Savills instructed by Eiffage Immobilier to market build to rent development pipeline in Poland

Eiffage Immobilier Polska has appointed Savills to seek an investment partner for the development of a bespoke 453-unit build to rent opportunity...

Romania’s “mall king” to develop EUR 2.9 billion development in Bucharest

Romania's Chamber of Commerce and Industry (CCIR) and Iulian Dascalu – one of the biggest real estate investors in Romania, will transform...