Unibep will build a warehouse and production hall for Panattoni for EUR 28.9 million net

Unibep has concluded a preliminary contract with Panattoni Development Europe for the construction of a warehouse and production hall with office and social facilities along with technical, accompanying and communication infrastructure in Tuszyn in the Łódź Voivodeship, the company said. The contract value is EUR 28.9 million net.

The promised contract will be concluded by May 31, 2022, it has been announced.

"The agreed value of the remuneration for the performance of the contract will amount to a total of EUR 28.9 million net, with the proviso that the parties anticipate the possibility of implementing the investment in two stages" - reads the release.

According to the preliminary schedule, the works related to the investment will be carried out in the fourth quarter of 2022, it was also announced.

The Unibep Group operates in the residential, industrial, public, sports and modular construction segments. It operates in Poland, Scandinavia and Eastern Europe. The company has been listed on the WSE since 2008. Its consolidated sales revenues reached PLN 1,712 million in 2021.

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