Panattoni buys a plot and plans a new investment in Kraków – it already has its first tenant

Panattoni, the most active industrial real estate developer in the world, has purchased a plot of land where Panattoni Park Kraków East V will be built. Construction is scheduled to start in October of this year and the investment already has its first tenant – the company Highway Automotive.

The developer is consistently expanding its portfolio in the Kraków market. The company acquired a 9.6-hectare plot in Zakrzów – just 19 km from the very center of Kraków – and will begin construction of a class A hall with an area of 39,000 sq m. The investment has already gained its first tenant – 8,000 sq m will be occupied by Highway Automotive, a distributor of parts for trucks, buses, and construction and agricultural machinery, such as components for air conditioning, engines and their cooling, or exhaust emission control. From May 2025, the company will serve the global market from this location.

– Our company is developing dynamically, we are growing year by year. To realize our plans, we need a facility perfectly adapted to our planned growth, but also optimized in terms of our logistics processes, warehouse and office team work. Panattoni Park Kraków East V met our requirements 100%. The new headquarters is designed based on our needs, and the great location is another very important advantage. We are looking forward to the upcoming relocation and the continuation of our cooperation with Panattoni – comments Paweł Łysień, COO Highway Automotive.

– Behind the business potential of Kraków stands primarily huge human capital – the second largest population in the country and at the same time a thriving academic center, training staff for many industries. For us as an industrial real estate developer, the main development challenge in this region is the limited availability of land. I am glad that we managed to purchase a perfectly located plot where a modern and versatile facility will be built – comments Filip Noworól, Senior Leasing Manager at Panattoni.

Panattoni Park Kraków East V will be located east of Kraków, less than 2 km from the A4 motorway junction and 9 km from the S7 expressway, which will ensure excellent connectivity with major centers in the country and abroad. The airport in Balice is about 30 km away. Flexible module shaping conditions will allow the facility to be used for diverse processes, from typical logistics applications to light manufacturing.

The new park – in accordance with the developer's standard – will undergo environmental certification using the BREEAM method at the Excellent level, which will translate into lower operating costs for tenants and will support the achievement of climate goals. 

Development in Małopolska. Panattoni has recognized the potential of Małopolska for years – the company has already completed over 290,000 sq m of modern industrial space in the region. Last year, it delivered its largest investment – Panattoni Park Kraków North with an area of 56,500 sq m, as well as two parks located in Skawina. This year, two investments have already been delivered – City Logistics Kraków Airport II and Panattoni Park Kraków East IV, and another park will be completed in August: City Logistics Kraków III.