Panattoni begins speculative construction near Krakow Airport

Panattoni has begun the construction of City Logistics Kraków Airport II worth €34 million. It will be located near Balice Airport – the second-largest airport in the country. The investment will become an excellent platform for services like last-mile logistics and e-commerce.

The Krakow industrial space market shows one of the lowest vacancy rates in the country – below 1 percent – and the demand for modern facilities remains high. Panattoni starts the construction of City Logistics Kraków Airport II with a target area of 21,330 sqm within one building. The developer will complete the investment at the beginning of 2024.

The facility will be located near the A4 motorway, allowing for quick connections to key centres of southern Poland – such as Rzeszow, Katowice, or Wroclaw – as well as the southwestern and south-eastern border. The investment will also be within less than two hours of the Czech and Slovak borders.

“Krakow is the city with the second largest population in Poland, and Balice Airport is the second largest in the country in terms of passengers served. Our new investment allows us to take full advantage of the great benefits of the location and is great news for businesses that need industrial space in this region. Moreover, City Logistics Kraków Airport II comes into being at the perfect time, when the Krakow airport plans to build a new cargo terminal, which will naturally expand the port’s transport capabilities. We are not slowing down and plan further investments in Lesser Poland,” says Michał Samborski, Head of Development at Panattoni.