Panattoni has sold a logistics park
Panattoni has finalized the sale of Panattoni Park Rzeszów North – a fully leased logistics and distribution complex with an area of 90,000 sqm. The buyer is Arete Investment Group, a pan-European asset management firm.The transaction value amounted to nearly 60 million euros.
The complex consists of two modern class A buildings, completed at the beginning of 2023.
The logistics center can handle up to 100,000 orders per day.
– Poland is currently a key point on the logistics map of Europe – the development of nearshoring and strong demand from tenants make the market increasingly attractive to global investors. Facilities such as Panattoni Park Rzeszów North – thanks to their scale, long-term lease agreement, and sustainability profile – prove that institutional capital is increasingly turning towards Poland and the entire Central and Eastern European region” – said Marek Dobrzycki, Partner at Panattoni.
The complex consists of two modern class A buildings, completed at the beginning of 2023. Its location – right next to the A4 motorway, the S19 route, and just a kilometer from the Rzeszów–Jasionka airport – ensures excellent transport accessibility. The main tenant of the investment is Grupa LPP, for which the facility serves as one of the key logistics hubs, supporting e-commerce customer service throughout Central and Eastern Europe, including in Germany, the Czech Republic, Slovakia, Hungary, and Ukraine. The logistics center can handle up to 100,000 orders per day and store over 7 million products.
– This transaction highlights the liquidity of the Polish logistics market and the appetite of global investors for well-located, fully leased industrial facilities. The sale to Arete once again confirms that Panattoni's long-term strategy, which assumes the implementation of sustainable and future-proof projects, is perfectly aligned with investor expectations” – summarized Michał Stanisławski, Co-Head of Capital Markets Poland at Panattoni.
The complex includes numerous ESG solutions, including LED lighting with daylight sensors, water-saving installations, electric vehicle charging stations, bicycle shelters with charging and repair points, as well as green areas designed with biodiversity in mind – flower meadows and insect habitats have been created on the park's premises.
