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Panattoni Europe, the leader of Poland’s warehouse space market, has signed new lease contracts in the Warsaw region. The developer signed lease agreements for a total of over 23,000 m2 of warehouse and office space in three parks near Warsaw: Pruszków, Ożarów and Błonie II.

Only 4% out of the 220,000 m2 of space in the existing Panattoni parks in the Warsaw region remain available. Panattoni Europe closed the final quarter of 2009 with new contracts in three parks near Warsaw. The new customers include: Poltraf, Mercator Papier and Astellas Pharma. Also, a client of Panattoni Park Pruszków - CAT LC Polska – has decided to expand the space it occupies.

The new customers of Panattoni Park Ożarów are Mercator Papier and Astellas Pharma. The former, a company distributing paper for publishing and office purposes, has signed a contract to lease 5,324 m2 of warehouse space and 150 m2 of office space. It neighbours with yet another Panattoni customer from the pharmaceutical sector, Astellas Pharma, who will occupy 2,609 m2 of warehouse space and 258 m2 of office space. Panattoni Park Błonie II is currently fully leased. One of its new tenants is Poltraf Sp. z o.o., involved in organizing and handling direct distribution services in pharmaceutical and healthcare products. The company has signed a contract for over 7,200 m2, including a 6,800-square-metre warehouse and a 400-square-metre office space.

In the developer’s third investment in the Warsaw region, Panattoni Park Pruszków, CAT LC has decided to expand cooperation. The leading logistics operator in the motor industry has signed a new contract to lease further 3,927 m2 of warehouse space at the park. This is the second expansion contract signed in 2009: in March of last year CAT LC expanded the space it occupies by 5,415 m2. As part of cooperation with Panattoni, the company leases altogether over 25,000 m2 of space in Pruszków and Mysłowice.

Panattoni has located 6 of its investments in the Warsaw region. Apart from the parks in Pruszków, Ożarów and Błonie, the developer also owns distribution centres in Teresin and Garwolin. The park in Ożarów has further growth potential, with two additional buildings planned to offer a total of 32,000 m2 of space. The facility is located in the direct vicinity of the route E30, 13 km from the centre of Warsaw.