Wrocław Business Park
- Location: Wrocław
- Client: Aviva Investors
- Size: 9,500 sqm + 10ha development land
- Type of Project: 2 warehouses + development land
- Service Type: disposal advisory
Wrocław Business Park has been acquired by Panattoni from Aviva Investors, the global asset management business of Aviva plc. The seller was represented by Avison Young investment team throughout the transaction.
Wrocław Business Park comprises two warehouses of ca. 9,500 sqm GLA in total and development land of ca. 10.5ha. It is located at 55 Bierutowska Street in Wrocław - in an established industrial and commercial area within the central part of Psie Pole, strategically positioned next to a major transport route and close to the A8 motorway and S8 expressway. Other notable companies operating in this area are Whirlpool, UTC Aerospace System, Bosch as well as warehouse schemes of Raben, DHL, TK Maxx.
The Property is well serviced by public transport by numerous bus lines with bus stop within 5 minutes walking distance from Wroclaw Business Park. Additionally, train station Psie Pole, servicing
short and long distance trains, is situated within 10 minutes walking distance. It enables convenient communication from more distant districts as well from neighbouring cities of Wroclaw.
At the moment of the transaction, Wroclaw Business Park was leased in 100% to 3 tenants: FedEx Express, Topus and DHL.