The biggest contract this year: Panattoni Europe for Castorama!

Castorama Polska, the country’s largest chain of home improvement and construction hypermarkets, the so-called DIY sector, owned by the UK-based retailer Kingfisher plc, is putting its plans of intensive growth and expansion in motion. The investment in Stryków with a total space of 50,000 sqm, to be developed by Panattoni Europe, is one example. The facility will be used by its tenant as a modern logistics centre, with a warehouse section accounting for as much as approx. 49,220 sqm adapted for the purposes of effectively managing supplies from various sources. The remaining section of more than 780 sqm will serve as modern office space.

Panattoni Europe’s project for Castorama Polska is the biggest in the warehousing property sector since the beginning of 2013 and at the same time one of the biggest spaces ever built. These record-breaking projects include: 80,000 sqm of total development space for Hennes & Mauritz Sp. z o.o.; a facility dedicated to Tesco featuring 57,000 sqm, as well as the 56,000-square-metre logistics centre for Leroy Merlin. All of the above were developed by Panattoni Europe, for whom the contract with Castorama Polska is another large-space lease contract with the DIY sector. Project completion is planned for Q1 of 2014.