Tuesday, 9 December 2025
European Logistics Investment (ELI) has started the second phase of its Warsaw Airport Kinetyczna development, with Panattoni continuing as the project’s developer. The new stage will add nearly 12,000 sqm of GLA and is scheduled for completion in the first quarter of 2026. The first lease has been signed by a supplier of electric and combustion warehouse forklifts and other material-handling equipment, which plans to occupy around 3,000 sqm.
The first phase of the scheme, totalling more than 11,000 sqm, was delivered in October 2024 and is fully leased to a major e-commerce delivery platform.
The site is located near Warsaw Chopin Airport and key transport routes, including the Southern Warsaw Bypass and expressways S2, S7, S79 and S8. According to the developer, the location is positioned for city-logistics operations and regional distribution.
The building holds a BREEAM Excellent certification and includes energy- and water-saving systems as well as workplace-oriented features. The scheme also provides office areas suitable for company headquarters.
“Recent data for the Polish market show a steady increase in demand for industrial and logistics space. As of the end of Q2 2025, the vacancy rate for Warsaw’s inner city and suburbs stood at a blended 6.6%, down by 1.6 pp over the last 12 months (compared to the national average of 8.1%). In the first half of 2025, total gross take-up in Poland amounted to more than 2.9 million sqm, an increase of 12% year-on-year. At the same time, the Warsaw area generated 20% of total leasing volume – making the capital city the most active leasing market in Poland. We are taking advantage of these positive market conditions and are initiating the next stage of the investment. The first tenant is scheduled to take occupancy in Q1 2026,” says Flora Bertano, Director at European Logistics Investment B.V.
“The launch of the new phase of our Warsaw Airport Kinetyczna project marks another milestone in our commitment to delivering high-quality, efficient and sustainable logistics solutions. Strategically located to ensure seamless transportation, the facility enhances supply chain reliability while supporting the evolving needs of businesses. As we continue to expand, we remain focused on operational excellence and environmental responsibility, reinforcing our position as a key player in Poland’s logistics and industrial sector,” says Łukasz Toczek, Director at Griffin Capital Partners.
Santander Bank Polska S.A. is financing the investment with an investment and development loan of more than EUR 22 million. Harden Construction is acting as general contractor on the second phase.
