Panattoni has secured financing for the construction of the third and final building at Panattoni Park Warsaw West. Erste Group Bank AG provided a loan of EUR 10.2 million.
"The loan obtained from our Austrian banking partner, Erste Group Bank AG, will enable us to complete Panattoni Park Warsaw West – one of the key developments in the Warsaw region. This project strengthens our presence in the strategic Warsaw market, where we have already delivered over 2.1 million sqm of logistics and industrial space, with an additional 112,000 sqm currently under construction," says Emilia Taczewska-Trojańska, Head of Debt Finance Poland at Panattoni.
The final building at Panattoni Park Warsaw West, spanning 16,460 sqm, is being developed for the logistics operator XBS Logistics. The entire park comprises over 90,000 sqm of modern industrial space and is already fully commercialized.
The project boasts an excellent location near Warsaw, 35 minutes from Warsaw Chopin International Airport and close to the planned Central Communication Port, with good access to key transport routes, including the A2 motorway connecting major logistics hubs in the region: Warsaw, Łódź, Poznań, and Berlin.
The facility incorporates numerous energy- and water-saving solutions, reducing operating costs for tenants. The building will undergo BREEAM environmental certification at the Excellent level.