Panattoni Park Poznań XI sold for €92.5 million

Panattoni Park Poznań XI logistics centre
Panattoni Park Poznań XI logistics centre in Poland

The Panattoni Park Poznań XI logistics centre in Poland has been sold to an unnamed specialist investor for €92.5 million.

The fully commercialised complex in Żerniki just outside Poznań consists of two buildings. The tenants are international supply chain management companies DHL Supply Chain and Arvato.

Sustainable development

The Panattoni Poznań facility has been certified under BREEAM with a rating of Excellent, but for three of the assessment categories — Water, Waste as well as Health & Wellbeing — it received the highest rating of Outstanding. Thanks to the solutions used, water use was reduced by over 60% and power usage was down by 18% on the average baseline model. The selection of the materials and also the solutions applied help protect the buildings from severe weather. A Centre Adaption Strategy has been drawn up for possible changes in usage and the Building Life Cycle Analysis confirms that reductions to power usage, emissions and also harm to the environment have been maximised over the entire life cycle of the building.

Major transactions in a short time

Michał Stanisławski, Head of Asset Dispositions at Panattoni, says, “The recent sale of Panattoni Park Poznań XI, along with the earlier sale of Panattoni Park Wrocław West Gate in March, highlights our ability to swiftly finalize major transactions in a very short period of time. These deals reflect the high quality of Panattoni’s industrial parks and their attractiveness to international investors. The increasing activity of specialized investors demonstrates the strong fundamentals of the Polish market, enabling implementation of sector-oriented growth strategies. The investors aim at well-positioning themselves within the current phase of the cycle and accessing top-quality assets – driving demand for Panattoni’s properties.”

Last year, Panattoni finalised the sales of 12 parks in Poland for a total combined price of around €500 million. This means that the developer’s share of the total transaction volume for the industrial market in Poland came to over 50%.

https://panattonieurope.com

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