Panattoni Sells BTS Center Developed for Orbico Supply

Panattoni has sold a distribution centre that it developed for the use of Orbico Supply. The 37,000 sqm centre was acquired by a global specialist in real estate investment.

“The sale of the centre in Teresin is yet another significant transaction to have been finalised by Panattoni this year. This not only demonstrates the continuously rising demand of foreign capital for Polish assets but also how attractive our investment projects are since they meet the highest standards in the market required by international investors,” says Michał Stanisławski, the Head of Asset Dispositions at Panattoni.

The BTS centre in Teresin (Mazovia region) plays a key role in the operations of Orbico Supply, a company active across 20 countries and the largest distributor of cosmetics, beauty products, clothing and FMCG in Europe. The distributor holds a long-term lease, which guarantees the stability and security of the investment for the new owner of the centre.