Panattoni sells large e-commerce development in Poznań

Panattoni has finalised another large transaction. A specialist real estate investor has purchased Panattoni Park Poznań XI for €92.5 million. The centre is one of the main logistics hubs for a leading European fashion platform for its operations.

“The recent sale of Panattoni Park Poznań XI, along with the earlier sale of Panattoni Park Wrocław West Gate in March, highlights our ability to swiftly finalize major transactions. These deals reflect the high quality of Panattoni’s industrial parks and their attractiveness to international investors. The increasing activity of specialized investors demonstrates the strong fundamentals of the Polish market, enabling the implementation of sector-oriented growth strategies. The investors aim at well-positioning themselves within the current phase of the cycle and accessing top-quality assets – driving demand for Panattoni’s properties,” comments Michał Stanisławski, the Head of Asset Disposition at Panattoni.

Panattoni Park Poznań XI is a fully commercialised complex in Żerniki just outside Poznań comprising two buildings. The tenants are DHL Supply Chain and Arvato, two international supply chain management companies.

The larger of the two buildings is a BTS development constructed for DHL Supply Chain to provide logistics services for Zalando. The operations include the distribution of goods to many European markets including Poland and Germany. The opening of the logistics centre resulted in the creation of around 800 new jobs.

Sustainable development is important to the strategies of DHL Supply Chain, Panattoni and Zalando, and for this reason, the Poznań facility stands out in this regard. It has been certified under BREEAM with a rating of Excellent, but for three of the assessment categories – Water, Waste as well as Health & Wellbeing – it received the highest rating of Outstanding. Thanks to the solutions used, water use was reduced by over 60 percent and power usage was down by 18 percent on the average baseline model.