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Panattoni Europe summarizes 2011

Panattoni Europe, the leader in the industrial space sector in Poland, summarizes 2011: 164,100 sqm of delivered space and the signing of new lease agreements for nearly 254,000 sqm.

Panattoni Europe summarizes 2011

In 2011, Panattoni Europe delivered the most space to the Polish market, with 164,100 sqm of new facilities, and had another 100,000 sqm under construction in December. Transactions concluded by the developer exceeded 350,000 sqm, of which nearly 254,000 sqm were exclusively new lease agreements. Investments completed by Panattoni Europe in 2011 include standalone buildings for companies such as Zelmer, Danone, Tech Data, and Nagel Polska, as well as the expansion of park space in Poznań, Mysłowice, Gliwice, Gdańsk, Łódź, and Wrocław. Facilities with a total area of 87,300 sqm are currently under construction. It is worth adding that the vacancy rate in the developer’s portfolio stands at 1 percent of Panattoni Europe’s existing space.

Panattoni Europe summarizes 2011

In 2012, BTS-type projects will continue to be implemented. Additionally, Panattoni Europe is offering new locations in the vicinity of Wrocław (Panattoni Park Wrocław III, Panattoni Industrial Park Wrocław), Warsaw (Panattoni Park Pruszków II), Poznań, and Bydgoszcz, with at least partial commissioning planned for this year. All new locations are dictated by currently ongoing road investments, which means they are characterized by exceptional location and access to major roads, such as the A2 motorway or the A8 Wrocław Motorway Bypass.