October 30, 2025

Panattoni to Expand Panattoni Park Zgierz

Panattoni has announced both that it is expanding Panattoni Park Zgierz and that “a leading drugstore chain” has leased 50,000 square meters of the new space.

Following the expansion, the park, which is currently at 50,000 square meters, will reach a total size of 120,000 square meters.

“The fact that our development was chosen for one of the client’s main distribution centers confirms our expertise in delivering modern infrastructure for industry leaders,” said Katarzyna Kujawiak, Development Director at Panattoni. “This is a strategic collaboration that enables us to raise logistics standards together while contributing to the development of the entire region.”

According to a Panattoni press release, “the logistics space for the drugstore chain will be adapted to the high safety standards required for storing hazardous materials such as alcohols, deodorants, and household chemicals. The building will be equipped with advanced fire protection systems, including in-rack sprinklers and additional smoke extraction and ventilation systems.”

Get the memo – every week

Essential real estate market updates, straight to your inbox.

PPF Real Estate Secures Merger Clearance for Diplomat Hotel Acquisition

PPF Real Estate Group has acquired Diplomat Prague RE, the owner of the four-star, full-service Diplomat Prague hotel, from Lombard Real Estate.

Develia and PFI Global Enter Joint Venture for Wroclaw Development

Develia and PFI Global have entered a joint venture for a multi-stage project to develop and commercialize residential and commercial units totaling approximately 29,191 square meters of usable area on Lotnicza Street in Wroclaw. 

Hinitsa Bay Four Seasons Resort Secures Financing from CrediaBank

CrediaBank has provided financing for the reconstruction, development, and refurbishment of a luxury resort in Porto Heli, Argolida, to be operated by Four Seasons.