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Transactions - SEPTEMBER 27, 2023

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Panattoni sells three industrial parks in Poland for €100m

by Andrea Zander

Panattoni has sold three fully commercialized industrial parks in prime locations, totaling 135,000 square meters (1.5 million square feet) in the Silesia, Poznan, and Lodz regions of Poland, for €100 million ($105 million).

The sold parks include Panattoni Park Zory (37,600 square meters/404,723 square feet); Panattoni Park Poznan XIII (42,000 square meters/452,084 square feet); and Panattoni Park Lodz A1 (56,000 square meters/602,779 square feet).

The acquired parks are fully leased. Each facility has achieved a high standard of BREEAM certification, offering energy- and water-efficient solutions and promoting employee well-being.

Robert Dobrzycki, Panattoni CEO and co-owner Europe, U.K. and India, said, “In a changing investment landscape influenced by factors like inflation, rising interest rates and construction costs, the industrial real estate segment stands out as a promising option. Growing trends such as nearshoring, reshoring and the expansion of

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