Panattoni has been issued financing for the construction of City Logistics Warsaw Airport IV. The €17.3m loan was granted by Santander Bank Polska.
“City Logistics Warsaw Airport IV benefits massively from its location, being 5km from Warsaw’s Chopin Airport while also being close to the centre of Warsaw as well as major road junctions and routes such as the S2 and the S7,” said Emilia Taczewska-Trojanska, the Head of Debt Finance Poland at Panattoni; “With the financing from Santander Bank Polska, we are going to complete the first stage of the project comprising a 10,000m2 building, which has been leased in its entirety by a leading logistics operator.”
City Logistics Warsaw Airport IV will eventually comprise two buildings with a combined area of over 45,000m2. The remaining space is to be developed on a speculative basis and will take the form of Small Business Units (SBU).
Situated in the city’s Wlochy district next to Warsaw’s Southern Bypass results in the park makes a superb base for last-mile logistics. Access to the South Warsaw junction of the S2 as well as to the S7, S79 and S8 ensures tenants good road connections not only with the greater Warsaw urban area but also with every major city in the country. Due to its urban location as well as its relatively small-sized modules available for rent (starting from 800m2), the development is going to be attractive to companies involved in e-commerce, courier services, picking and packing and even light production. The space in the park could even be used for a company showroom or a head office with improved prominence due to a positioning visible from the high-speed road. The entire centre is to be certified under BREEAM for a rating of Excellent.
Image source - Panattoni.
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