Palmira buys fully leased park in Silesia near Katowice from Panattoni

The class A complex, with an area of 32,000 sq m, is part of the main logistics hub around Katowice, the capital of Silesia. This region borders the Czech Republic and Slovakia and lies in the heart of the industrial and manufacturing center of Central and Eastern Europe.

The park is located near the S1 expressway and the A1 and A4 motorways, which provides access to a population of 11 million in Poland and Germany within a 2-hour drive. Two international airports – Katowice and Kraków – are 20 and 35 minutes away by car, respectively, while the international airport in Ostrava in the Czech Republic is one hour away. 

Karina Trojańska, Chief Financing & Operating Officer at Panattoni said: „Investor appetite for modern logistics real estate with high sustainability ratings remains stable on the Polish market, and the Silesian park perfectly meets these expectations. It has the highest level of BREEAM Excellent environmental certification on the Polish market and is set to achieve net-zero carbon emissions by 2025”.

Aleksandra Bis, Head of Palmira Asset Management Poland, added: „We are pleased to be able to expand our Polish portfolio with this acquisition, especially in such a demanding year. Further investments are on the way”.

Panattoni Park Silesia is 10 meters high. It offers 134 parking spaces for passenger cars and three for trucks, as well as 52 loading docks and a floor load capacity of 50 kN/m². The facility is fully leased. The space is used by five tenants - electronics manufacturer Bitron, automotive company Toyota, logistics service provider Antwerk, the company Dorel – owner of brands such as Maxi-Cosi (child car seats) and PlusEight – a specialist in the scaffolding industry. Bitron occupies 42% of the total area.

Panattoni has already completed 8 of the 12 planned logistics parks as part of the Silesian hub, which is set to reach an area of 516,000 sq m. The Panattoni Amazon investment, delivered for the global e-commerce giant, has reached 130,000 sq m.

The parties have agreed not to disclose the value of the transaction.