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NEW MANUFACTURING PLANT OF SAUER – DANFOSS TO BE SET UP IN BIELANY WROCŁAWSKIE

Cushman & Wakefield, a leading global real estate advisory firm has represented Panattoni Europe in the negotiations of a lease agreement with international company SAUER - DANFOSS, one of the largest manufacturers of engineered hydraulic and electronic systems for mobile equipment in the world.

Sauer – Danfoss has leased 18,750 m2 of production and warehouse space and 2,154 m2 of office and social space in Panattoni Park Wrocław.

Panattoni Park Wrocław logistic centre is located in Bielany Wrocławskie, 11 km from the centre of Wroclaw, near the intersection of A4 motorway and E-67 expressway. Favorable location provides excellent communication links and location 9 km from the airport ensures direct connections to most European capitals. Total space in the scheme is to be 84,000 m2. The building will be 10 m high, with column grid – 12 x 24 m, concrete non-dusting floors of 5 T/m2 load capacity, loading docks with dock seals, sprinkler system and 24-hour security. The scheme will feature maneuvering area and parking for trucks and cars.

Mariusz Król, Operational Director in Sauer – Danfoss said: "In the first half of 2009 we are planning to open a new manufacturing facility in Bielany Wrocławskie. Staffing plan will be designed gradually and will cover all functional areas of the firm. We aim to employ 400 employees. The production workers will include: CNC grinder operator, grinders, assembly workers, mechanics, and employees of the following departments: technical, quality, logistics, finance and administration".

Robert Dobrzycki, the Managing Partner for Central and Eastern Europe at Panattoni Europe said: "The main objective of Panattoni Europe is to offer flexible logistics solutions which will fully reflect individual needs of the clients from all sectors. Therefore we are delighted to be able to establish cooperation with the partner who appreciates the quality of the services rendered by our firm and has decided to locate his production and distribution centre in our facility. We have managed to convince Sauer-Danfoss that in Wroclaw region the Panattoni offer is the most competitive and geared towards satisfying various requirements."

Jan Barbasiewicz, Negotiator in Cushman & Wakefield said: "This transaction proves that modern logistic centers are ideal location for production companies with the highest requirements. A number of technical alterations in the facility as well as in the park infrastructure have been made to suit the tenant’s needs. I would like to congratulate Panattoni on acquiring a recognized tenant and Sauer – Danfoss on leasing a modern building in an attractive location."