Marvipol Development and Panattoni Development Europe have reached an agreement regarding the development of another joint warehouse project. The scheme will be located in the Warsaw agglomeration and will be the seventh joint investment of the companies. Panattoni Development Europe is one of the leaders in the industrial property market in Poland. Marvipol Development, which is arguably best known for its residential projects (the company is now working on housing schemes comprising a total of almost 68,000 sqm of usable space), has been strengthening its presence in the warehouse sector in recent years. The developer is currently involved in five ongoing warehouse projects totaling 235,000 sqm of GLA. In 2018, the company wants to launch construction work on warehouse schemes comprising a combined almost 115,000 sqm of GLA.
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