Panattoni has secured a €31m loan from Bank Millennium to finance Panattoni Park Poznan West Gate I, a two-building logistics complex totalling nearly 61,000 m² in Tarnowo Podgorne, Greater Poland. The deal underscores sustained lender confidence in Polish industrial real estate at a moment when European logistics fundamentals remain under pressure elsewhere.
The complex is situated adjacent to National Road No. 92, near the Poznan Tarnowo Podgorne junction, 6 km from the S11 expressway, and approximately 20 km from the A2 motorway, providing direct access to the Berlin-Warsaw-Lodz corridor. The 12-metre-high facility offers 126 loading bays and nearly 220 parking spaces, including 80 for lorries, targeting logistics, distribution and light manufacturing tenants.
"Panattoni Park Poznan West Gate I is situated in one of the most developed and dynamic warehouse markets in Poland. Wielkopolska remains a key region for logistics and manufacturing, offering access to a well-developed road infrastructure and convenient connections to Western European markets. Securing financing from Bank Millennium confirms the investment's attractiveness and the stable position of modern logistics projects in the market. We have already delivered nearly 2 million m² of industrial space in the region alone," said Emilia Taczewska-Trojanska, Head of Debt Finance Poland at Panattoni.
The development holds a BREEAM Excellent certification and incorporates energy-efficiency measures, reduced water consumption systems, sustainable mobility infrastructure and a photovoltaic installation, meeting the ESG compliance thresholds now routinely required by institutional lenders and major occupiers across Central and Eastern Europe.
What the announcement does not surface, but investors will note, is the broader context: Wielkopolska's vacancy rate has remained structurally tight, and the Poland-Germany logistics axis continues to attract nearshoring flows as manufacturers reconfigure supply chains away from Asia. For developers and debt providers, the region offers a rare combination of strong take-up, compressed yields and improving rail and road connectivity ahead of planned infrastructure upgrades, making stabilised assets here increasingly attractive as refinancing targets.
Panattoni has now delivered close to 2 million m² of industrial space in the Greater Poland region, consolidating its position as one of the most active logistics developers in Central Europe.
People mentioned
- Emilia Taczewska-Trojanska, Head of Debt Finance Poland, Panattoni
Companies mentioned
- Panattoni, pan-European logistics developer and operator
- Bank Millennium, Polish commercial bank and financing partner
