Panattoni Park Lodz West II secures €25m from mBank (PL)

Panattoni Park Lodz West II secures €25m from mBank (PL)

Panattoni has been awarded financing to develop Panattoni Park Lodz West II. A loan of €25m has been granted by mBank.

In 2021, Lodz came top of the Business-Friendly Perception Index and was recognised to be the most business-friendly city of more than 200,000 people in Central and Eastern Europe ahead of 99 competing towns. The urban area continues to prove attractive for many industries that make use of modern warehousing, logistics and manufacturing space,” said Karina Trojanska, the Chief Financing & Operating Officer – Poland at Panattoni. “Not long ago we launched construction work on Panattoni Park Lodz West II, one of the biggest projects in the western part of Lodz. Now, we have been awarded €25m in financing  for the first  stage of the development. We wish to thank mBank for placing their trust in us and we are pleased that our projects can further the growth of business in this rapidly developing region,” she added.

 

The construction of the first building has already begun. The current stage will comprise 51,000m2, of which 32,000m2 is to be occupied by Rohlig Suus, a Polish logistics operator with an international reach. The new centre will enable Rohlig Suus to triple its operational capacity in the region as well as allow the company to expand the range of services it offers. Eventually, the park is to comprise two buildings with a combined area of over 84,000m2.

 

Above all, Rohlig Suus appreciates the location as well as the many solutions provided for improving the ecology and the wellbeing of the workers, all of which are to be confirmed by BREEAM certification. As part of the development, solar panels are to be installed as well as daylight sensors, and a BMS, while tenants will be able to use taps and sanitary fittings that save water as well as a low-emission gas heating system.

 

Panattoni Park Lodz West II is on ul. Langiewicza, near the S14 road, which joins the A2 motorway (Warsaw – Lodz – Poznań – Berlin) with the S8 expressway (Białystok – Warsaw – Lodz – Wrocław). The first building is to be handed over in the third quarter 2024.

 

Image source - Panattoni.

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