Panattoni partners with MERITY on development near Warsaw

Poland’s logistics market surpassed 33 million sqm of warehouse space in 2024, with Panattoni accounting for half of this space. “This exceptional expansion underscores Poland’s strategic advantages in Central Europe, including its core location, robust infrastructure, skilled workforce, and competitive costs resulting in prime real estate,” says Damian Stężycki, Managing Director of Capital Markets Poland at Panattoni. “Poland’s appeal is well appreciated by international investors, who recognize the country’s strong economic fundamentals and long-term growth potential. The involvement of the MERITY fund underscores their confidence in the Polish logistics market and its continued expansion.”

The MERITY fund, dedicated to qualified investors, focuses on developing high-quality logistics properties that promise stable returns. Merity is a sister fund of Trigea Real Estate Fund, part of Partners Financial Group. Trigea specializes in commercial properties, including industrial, office, and retail spaces, reflecting the fund’s deep expertise and market insight.

Panattoni Park Warsaw North III is a state-of-the-art industrial space located in Kobyłka, only 25 km from Warsaw’s centre and near the S8 expressway. The first hall of 22,000 sqm has already been completed as part of the investment, and the second phase of the project is now underway with two buildings totalling 53,000 sqm. The new space will be certified under BREEAM at the Excellent level, ensuring energy and water efficiency will translate into lower operating costs for tenants. Additionally, the park incorporates sustainability-focused design, such as wildlife migration corridors and water retention systems, to foster local biodiversity.

PBS Connect Polska, a division of the European office supply leader PBS Holding, has already secured over 24,000 sqm in the new building under construction (33,000 sqm), marking its first tenancy. The company plans to relocate its headquarters from Marki and expand its operations, employing approximately 150 staff.

“The collaboration with the MERITY fund and the establishment of Panattoni Park Warsaw North III demonstrate our commitment to delivering exceptional value to our clients and investors,” concludes Damian Stężycki.