Panattoni, has leased out 35,000 sqm at Panattoni Park Gliwice III. As a result, another Panattoni distribution centre is now fully commercialised. The tenant will move into the park before the end of April and will use it for e-commerce order fulfilment.
The developer has leased 35,000 sqm at Panattoni Park Gliwice III to one of the retail chains which will be fulfilling online orders for non-food products, including clothes, sports accessories, as well as home and garden products, including household appliances. The tenant will be moving into the park before the end of April to ensure that consumers have uninterrupted access to the product range.
Panattoni Park Gliwice III is a modern distribution centre totalling 168,500 sqm in four buildings. The site is situated in the north-western part of Upper Silesia, a strategic location not only for businesses needing warehouse space, but also for investment opportunities. Moreover, the ideal location of the park, in the immediate vicinity of major transport interchanges – just 2.5 km from the Sośnica Junction connecting the A1 with A4 – helped lease out all of the space in the park.
Since coming to Europe (Poland, Germany, Czechia, Slovakia and the United Kingdom), Panattoni has delivered 9.6 million sqm of space. The demand for warehouse space in the region reached 3.75 million sqm in 2019, while the supply side increased by 2.8 million sqm, of which Panattoni delivered close to 60 per cent (more than 1.66 million sqm). At present, the developer is working on extending its proprietary parks, both in the major markets of Warsaw, Upper and Lower Silesia, Poznań and Central Poland, and also the emerging markets, kickstarted by Panattoni. The concept of City Logistics Parks is also being developed, as well as custom tailored build-to-suit projects.