Panattoni has entered into a strategic partnership with the MERITY fund to extend Panattoni Park Warsaw North III by 53,000 square meters.
According to Panattoni, Poland’s logistics market surpassed 33 million square meters of warehouse space in 2024, with the company itself accounting for half. “This exceptional expansion underscores Poland’s strategic advantages in Central Europe, including its core location, robust infrastructure, skilled workforce, and competitive costs resulting in prime real estate,” says Damian Stezycki, Managing Director of Capital Markets Poland at Panattoni. “Poland’s appeal is well appreciated by international investors, who recognize the country’s strong economic fundamentals and long-term growth potential. The involvement of the MERITY fund underscores their confidence in the Polish logistics market and its continued expansion.”
The MERITY fund, which is dedicated to qualified investors, focuses on developing high-quality logistics properties that promise stable returns. Merity is a sister fund of the Trigea Real Estate Fund, part of the Partners Financial Group. Trigea specializes in commercial properties, including industrial, office, and retail spaces.
Panattoni Park Warsaw North III is located in Kobylka, 25 kilometers from Warsaw’s center and near the S8 expressway. The first hall of 22,000 square meters has already been completed as part of the investment, and the second phase of the project — consisting of two buildings totaling 53,000 square meters — is now underway. According to Panattoni, the new space will be certified under BREEAM at the Excellent level, ensuring energy and water efficiency will translate into lower operating costs for tenants. Additionally, the developer reports, thepark incorporates sustainability-focused design, such as wildlife migration corridors and water retention systems to foster local biodiversity.
PBS Connect Polska, a division of the European-office-supply provider PBS Holding, has already secured over 24,000 square meters in the new building under construction (33,000 square meters), marking its first tenancy. The company, which plans to relocate its headquarters from Marki and expand its operations, employs approximately 150 staff.
“The collaboration with the MERITY fund and the establishment of Panattoni Park Warsaw North III demonstrate our commitment to delivering exceptional value to our clients and investors,” added Stezycki.