Panattoni sells three industrial parks for €100 million (PL)

Panattoni sells three industrial parks for €100 million (PL)

Panattoni has sold three fully commercialized industrial parks in prime locations, totalling 135,000m2 in the Silesia, Poznan, and Lodz regions, for c. €100m. The sold parks include Panattoni Park Zory - 37,600m2; Panattoni Park Poznan XIII - 42,000m2; and Panattoni Park Lodz A1 - 56,000m2.

 

Michał Stanisławski, Head of Asset Disposition at Panattoni, commented "Such a substantial transaction executed by a sector specialist investor signals that strong fundamentals of the industrial market make it an attractive target continuously appreciated by international institutional capital. Poland, situated at the centre of Europe, is one of the most important logistics and industrial hubs. It presents dynamic rental and occupational growth due to local and global factors."

 

The acquired parks are fully leased, housing international players in sectors like logistics, FMCG, electronics, and DIY. Each facility has achieved a high standard of BREEAM certification, offering energy- and water-efficient solutions and promoting employee well-being.

 

Robert Dobrzycki, Panattoni CEO and co-owner Europe, UK, and India, explains, "In a changing investment landscape influenced by factors like inflation, rising interest rates, and construction costs, the industrial real estate segment stands out as a promising option. Growing trends such as nearshoring, reshoring, and the expansion of e-commerce play a significant role in this. Warehouse, logistics, and industrial facilities are becoming critical infrastructure, strategically positioned closer to customers to secure supply chains. Poland, with its excellent location, is a preferred destination for long-term investors appreciating the potential of our developments."

Related News