Poland's industrial real estate market continues its remarkable growth trajectory as Panattoni, the world's most active industrial developer, secures €24m in financing from PKO Bank Polski for the ambitious second phase of Panattoni Park Zgierz II. This strategic investment signals unprecedented confidence in Poland's logistics sector, particularly as e-commerce and consumer goods distribution reshape European supply chains.
The 70,000 m² expansion reveals the calibre of tenants driving demand in central Poland. A leading drugstore chain operator will occupy 30,500 m² of warehouse space plus 1,300 m² of offices, expanding their total footprint to 50,000 m². Meanwhile, Bielenda, Poland's premier cosmetics manufacturer, has secured 10,500 m² for their new central distribution hub, positioning themselves for both domestic and international market expansion.
"We are pleased that PKO Bank Polski has once again placed its trust in us by financially supporting the development of our key investment in central Poland – Panattoni Park Zgierz II. This facility is of strategic importance not only to our business partners but also to the entire region, generating new jobs and contributing to the development of modern logistics," says Emilia Taczewska-Trojańska, Head of Debt Finance Poland at Panattoni.
The project's strategic location near the A2 and A1 motorways intersection creates a compelling investment thesis that institutional investors should note carefully. This positioning establishes a potential logistics gateway serving not just Poland's 38m consumer market, but offering rapid access to Germany, Czech Republic, and broader European distribution networks. The completed 120,000 m² facility will achieve BREEAM Excellent certification, addressing growing ESG requirements from international institutional capital.
What makes this development particularly attractive to investors is the emerging trend of Polish brands scaling internationally whilst foreign retailers consolidate their Polish operations. The dual tenant profile represents both defensive domestic consumption and growth-oriented export strategies, providing portfolio diversification that traditional single-tenant logistics assets cannot offer.
"The financing obtained from PKO Bank Polski marks another step in Panattoni's dynamic expansion and confirms the company's strong position in the industrial real estate market. We continue to grow our investment portfolio in Poland and across Europe, delivering innovative, sustainable, and strategically located facilities for major market players,"adds Emilia Taczewska-Trojańska.
People mentioned:
- Emilia Taczewska-Trojańska, Head of Debt Finance Poland, Panattoni
Companies mentioned:
- Panattoni - Global industrial real estate developer
- PKO Bank Polski - Leading Polish commercial bank
- Bielenda - Polish cosmetics manufacturer
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