Clyde & Co Advises Panattoni, a Leading Industrial Property Developer
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Press Releases 17 September 2024 17 September 2024
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UK & Europe
Clyde & Co provided legal advice to Panattoni in connection with securing financing for the Panattoni Park Bieruń I investment project.
The transaction involved Alior Bank S.A. granting development facilities and VAT for the realization of the industrial project in Bieruń. The advisory services included the preparation and negotiation of facility documentation, as well as support in the verification of disbursement conditions and ongoing financing matters.
Panattoni Park Bieruń I is a modern industrial park located in a strategic area close to the main transport arteries of the Silesia region. Its first tenant is Nodium Group, the owner of Sport-Shop.pl. The facility has achieved BREEAM environmental certification at the Excellent level. It will feature numerous energy and water-saving solutions, resulting in lower operational costs for its users. In line with the developer’s standards, the building’s roof will be reinforced to accommodate a photovoltaic installation, and the park will include bicycle parking spaces and electric vehicle charging stations.
Panattoni is one of the largest industrial real estate developers in the world. By constructing multifunctional logistics parks and tailor-made BTS (Build-to-Suit) facilities, it contributes to the development of both local and international businesses. In Poland, the company has delivered 15.5 million square meters of space, representing nearly half of the entire market.
The legal team involved in this transaction included Marcin Lorenc, supported by Ryszard Rutkowski, under the supervision of Michał Kalicki.
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