Panattoni, Marvipol selling Warsaw logistics park

Industrial Center 37, a joint venture established by developers Panattoni Europe and Marvipol, has signed a preliminary agreement for the sale of its Panattoni Park Warsaw logistics park near the Polish capital. The transaction, which has been signed with Shipston, is valued at €32.4 million and is expected to be finalized by the end of August. Completed in Q2 2016, Panattoni Park Warsaw comprises two buildings offering a total of 48,000 sqm of warehouse and office space. Panattoni and Marvipol are currently jointly developing five logistics projects, which are located near Warsaw, in Silesia and near Kraków.

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