Marvipol and Panattoni to cooperate on a warehouse

The Marvipol and Panattoni Europe groups will co-build three warehousing and logistics projects located in a complex in the Grodzisk Mazowiecki municipality. The end of construction is set for 2018. Only after the projects are built, will negotiations of sale start, Marvipol reported. The developer also reported the warehousing complex will consist of "a few buildings" within three projects, the surface area will reportedly come close to 70,000 sqm. The investment will be financed by Marvipol's own funds, and strengthen cooperation of the two groups. Marvipol and Panattoni have completed two projects together, of which the Panattoni Park Warsaw complex is one ( 44,000 sqm of leasable space).