Panattoni Europe

Panattoni Europe offers full-service commercial real estate property solutions for its clients in Europe. Since entering Europe in 2004, Panattoni Europe has developed over 1.6 million square meters of space. Panattoni Europe has offices in Amsterdam, Barcelona, Frankfurt, London, Luxembourg, Milan, Paris, Prague and Warsaw. Panattoni Europe is an affiliate of Panattoni Development Company. Panattoni has been undoubtedly the most active industrial developer of the year in 2011. Since the beginning of the year we have delivered 150,000 sqm in Poland: BTS Zelmer – 32,500 sqm in Rzeszów; Panattoni Park Święcice – 34,000 sqm; Panattoni Park Poznań – 22,000 sqm; Panattoni Park Gliwice – 8,000 sqm; Panattoni Park Gdańsk – 7,600 sqm; Panattoni Park Łódź East – 12,300 sqm; Panattoni Park Gliwice – 11,100 sqm; Panattoni Park Wrocław II – 11,500 sqm and has under construction as of September 2011 over 100,000 sqm: Panattoni Park Mysłowice – 17,500 sqm; Panattoni Park Święcice II – 11,000 sqm; Panattoni Łódź Business Center – 9,700 sqm; Panattoni Park Gdańsk – 8,400 sqm; Manuli Hydraulics BTS– 32,000 sqm in Radomsko; Faurecia BTS – 17,600 sqm in Gorzów Wielkopolski and Recaro BTS – 10,700 sqm in Świebodzin. As the Jones Lang La Salle report, summarizing the third quarter of 2011, shows, Panattoni was the leader in space under construction, delivered space and net take up. Despite a below 2% vacancy rate in its own portfolio and an above 13% market vacancy rate, Panattoni manages to be the leader in new transactions. The company is also paving the way in the build-to-suit segment realizing a lot of industrial projects in special economic zones. In the Czech Republic Panattoni has delivered two build-to-suit projects in 2011 – one for Johnson Controls and other one for DSV at Panattoni Park Prague-Airport. The Czech Panattoni operations are a great example of business diversification. Panattoni acts as a property manager of an external logistic park – Adelardis Park as well as leasing manager of another distribution center – Airport Logistic Park.

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