Panattoni secures financing from PKO Bank Polski for expansion of Panattoni Park Zgierz II

Panattoni has secured €24 million in financing from PKO Bank Polski to support the second phase of development at Panattoni Park Zgierz II. The new phase will include a central warehouse for a Polish cosmetics manufacturer and a distribution centre for a national drugstore chain.

The second phase will add 70,000 square metres to the logistics park. Of this, 30,500 square metres of warehouse space and 1,300 square metres of office space will be leased by a company operating in the drugstore sector, bringing their total leased area to 50,000 square metres. Bielenda, a Polish cosmetics producer, has leased 10,500 square metres for a central warehouse that will support domestic and international distribution.

Once completed, Panattoni Park Zgierz will offer a total of 120,000 square metres of space. The facility is designed to meet BREEAM Excellent certification standards, reflecting the use of technologies aimed at reducing environmental impact.

The site is located near major transport routes, approximately 2.5 kilometres from the A2 motorway and 13 kilometres from the A1 motorway in Stryków, offering convenient access to regional and international markets. Its proximity to Łódź and Zgierz also provides access to a skilled workforce.

Emilia Taczewska-Trojańska, Head of Debt Finance Poland at Panattoni, noted that the financing from PKO Bank Polski supports the ongoing expansion of the company’s investment portfolio in Poland.