An international real estate company has purchased Panattoni Park Wrocław West Gate with a total area of 46,900 sqm.
Panattoni Park Wrocław West Gate is a complex of two buildings (17,600 sqm and 29,300 sqm) that was built to BREEAM certification standards. The tenants include international logistics operators, Hellmann Worldwide Logistics and ESA Logistika, as well as packaging manufacturer Schumacher Packaging.
“Another successful disposal in the Wroclaw region further confirms Lower Silesia’s and Poland’s investment quality and strong fundamentals of industrial real estate. Our sector is the most liquid and well perceived by international institutional capital. Improving finance cost outlook has positive impact on the overall market and motivates investors to take actions in the current phase of the cycle.” comments Michał Stanisławski, the Head of Asset Disposition at Panattoni.
The park is located in the Miękinia area of the Średzki district near to Intel’s future semi-conductor factory. The location provides excellent communications since Wrocław’s city centre is just 20 minutes away while it is a 5-minute drive to the airport. Public transportation is available to workers. Nearby the development runs national road 94. This road leads on to the S3 expressway, which runs parallel to Poland’s western border, and also leads on to the Wrocław Motorway Bypass, which connects the A4 with the S5 and S8 expressways. The park provides its tenants with access to over 5 million potential customers within a one-hour drive.
Number one in Europe. Wrocław took first place in the European Cities and Regions of the Future 2024 ranking of investment attractiveness for a mid-sized city. Prepared by fDi Intelligence, the study compared the most promising investment destinations throughout Europe with as many as 330 cities included in the ranking. The activities of Panattoni highlight the huge potential of Wrocław and the entire Lower Silesia region. Already, the developer has completed over 2,115,000 sqm of modern industrial space in the region – one of the highest volumes for any region in the country. The region accounted for five out of the twelve sales transactions closed by Panattoni last year, including the sale of Wrocław Campus with an area of 185,000 sqm – one of the biggest transactions in the entire real estate market.
A quarter of a billion euros in 2023. Last year, Panattoni finalised the sale of twelve parks with a combined value of around EUR 500 mln, which makes up a 50% share of the country’s transaction volume for industrial real estate. These completed transactions prove that the investment product created by Panattoni is of high quality and that industrial assets have taken on a dominant position over the remaining real estate sectors.
Panattoni
