Panattoni Europe has been mandated to develop a build-to-suit (BTS) facility for automotive manufacturer Faurecia. The 17,600-m2 scheme will be built within the Polish Kostrzyn-Słubice Special Economic Zone in Gorzów Wielkopolski. Colliers International advised on the deal.

Construction is planned to start at the end of June, with completion expected for December 2011.

'Due to Faurecia's dynamic development and growing numbers of customers we have faced the necessity to build a new production facility. It was important for us that the new facility would be close to the previous one, within the Kostrzyn-Słubice Special Economic Zone,' said Zieleń Artur, director of Operations for Central and Eastern Europe at Faurecia.

'The growing interest in the construction of manufacturing facilities within special economic zones, stimulated by the measurable benefits to the tenant, is reflected in our projects. The contract for Panattoni Europe to build a factory for Faurecia is already the third project of this kind in a very short time,' added Panattoni's director Marek Foryński.