Linklaters has advised Panattoni Europe, a logistics developer in Poland, on its lease of a logistics facility of over 123,300 square meters in Piatek, in Central Poland, to Leroy Merlin.
According to Linklaters, the logistics facility is “the largest warehouse investment in Poland to date.” The new investment will cater different types of distributions, including online sales, and will house multi-use social-office space on its premises.
Linklaters reports that the facility is currently undergoing the BREEAM environmental certification process to fulfill necessary conditions required to be labelled as a green building. The logistics center is the third of its kind developed by Panattoni Europe for Leroy Merlin, with the first two located in Strykow.
Earlier Linklaters advised Panattoni on the construction of a parcel distribution center for the GLS Poland courier company (as reported by CEE Legal Matters on April 3, 2018), on a lease agreement with LPP S.A. (as reported on June 13, 2018), and on its agreement to build a warehouse project for Intersnack (as reported on August 27, 2018).
Linklaters Senior Associate Zuzanna Lipska negotiated the lease agreement with Leroy Merlin on behalf of Panattoni Europe.
Linklaters informed CEE Legal Matters that it was unaware which firm advised Leroy Merlin, if any.