Panattoni has finalised the sale of the Panattoni Park Poznań A2 industrial complex, with a total area of 150,000 sqm. The development is fully let to a leading player in the clothing sector and represents one of the tenant’s most important logistics centres in Europe.
“The sale of Panattoni Park Poznań A2 completes the full cycle that we have been following in Poland for nearly two decades: we acquire land, build to meet the tenant’s specific needs, let the property and hand over the completed asset to the investor. We have been working with the park’s tenant almost since the start of our presence in Europe. Since then, the Polish market has changed significantly. It is no longer a place where people look for cheap space, but has become a market where international companies locate their key operations, whilst funds treat these assets as a long-term component of their portfolios. Each such transaction frees up capital for further projects and confirms that the build-to-suit model has strong foundations in Poland,” says Marek Dobrzycki, Partner at Panattoni.
“Large, fully let logistics assets located in Poland’s main warehouse markets remain highly attractive to institutional capital. Poznań is particularly well-positioned in this respect – thanks to its well-developed infrastructure and a location ensuring efficient access to both the domestic market and Western Europe. Panattoni Park Poznań A2 combines these strengths with a reputable tenant, high technical standards and above-average environmental performance. This is the kind of asset that investors are actively seeking in the current market,” adds Michał Stanisławski, Co-Head of Capital Markets.
The attractiveness of Panattoni Park Poznań A2 is also enhanced by the high environmental standards applied in the project. Hall B, developed on a build-to-suit basis, has been awarded BREEAM Outstanding certification – making it the third Panattoni development in Poland to achieve this rating. The facility, with a floor area of approximately 82,000 sqm, was constructed without the use of PVC, and thanks to the solutions implemented, primary energy consumption was reduced by over 27% compared with national requirements, whilst water consumption was reduced by 70% compared with the baseline model. Over 95% of construction waste was recycled or recovered.
The building was also designed with features to support operational efficiency and user comfort, much like Hall A, which was awarded a BREEAM Excellent certificate.
