LCN Capital Partners, a pan-European specialist in sale & leaseback transactions and build-to-suit (BTS) projects, has acquired a manufacturing and warehouse facility in Tczew, Poland.
Panattoni developed the BTS warehouse, which comprises an advanced production and warehouse facility with an area of 30,000 m2, for the regional operations of LCN's client, at a cost of over €26 mln.
'We thank LCN Capital Partners for their trust and partnership in acquiring another BTS project carried out by Panattoni. The repeated cooperation is proof that tailor-made industrial facilities are extremely attractive assets, and interest in this segment is constantly growing,' said Marek Forynski, BTS managing director at Panattoni.
'The implementation of the facility in Tczew is an example of the efficiency and flexibility of Panattoni's BTS department. The production and warehouse facility with an area of 10,000 m2 was purchased from client on a sale & leaseback basis and expanded by 20,000 m2,' Forynski added.
As part of the expansion, a FM Global sprinkler system was installed and the floors were adapted for automatic guided vehicles (AGV).
The client for the facility is understood to be Amazon.
In addition, the property also underwent BREEAM environmental certification (BREEAM Excellent). The complex project was completed on schedule in March thanks to the effective cooperation of all parties involved.
'We’re looking forward to build on this partnership,' said Ward Stocker, LCN Capital Partners.
