Panattoni is to increase the size of its portfolio in the Lubusz region.
The developer is to begin work on Panattoni Park Gorzów II, which should eventually comprise 67,000 sq m in three buildings. The first is to have 36,500 sq m and is to be completed this year. On completion of the project the company's portfolio should comprise more than 700,000 sq m.
“The Lubusz region is one of the places that has benefited the most from the lightning-speed development of industrial space market in Poland. Being located near the western border means that it can serve clients from Germany as well as further afield on the continent, thus making it a hub for international activity. The potential is shown by the numbers with demand reaching 400,000 sq m in 2021. This is comparable to Kujawy and the TriCity, which are two other rapidly developing regions only beaten by the so called Big Five,” says Dorota Jagodzińska-Sasson, Managing Director, Panattoni.