Panattoni strengthens its presence in the Munich region
- New team and operational office in Munich
- Securing sites in various German logistics hotspots
As part of its continual growth, Panattoni Europe is now opening a further office in Munich to represent southern Germany, the industrial developer’s fourth location alongside its sites in Hamburg, Düsseldorf and Mannheim.
Tim Hemmann and Moritz Arendt from the Business Development team are in charge of built-to-suit developments focusing on the Munich region as well as Lower Bavaria, Ingolstadt, Ulm, Augsburg, Nuremberg and Würzburg. In total, the new Munich Panattoni team has five members of staff. The developer is hoping that the new location will ensure an even better response to its customers’ needs in future thanks to greater client proximity. Planned cooperation with municipalities also plays an important role.
“We attribute our success above all to our productive cooperation with municipal decision-makers and the associated, qualified understanding of each location and its requirements,” Fred-Markus Bohne goes on to say. “As industrial developers, we have to take into consideration what a location or a municipality will and will not tolerate. Having a direct presence in the region gives us a definite advantage in order to be able to guarantee that this complex understanding is also taken into account in southern Germany even better in the future.
Furthermore, the Munich presence allows Panattoni to be in a better position to react to the current shortage of labour in the German logistics sector. The developer has previously worked together successfully with recruitment services in various regions to secure urgently required skilled workers.
H1. 2019 summary
Panattoni is taking a look back at a successful first half of 2019. On the German market as one of the three largest developers: In 2019 to date, Panattoni has completed seven projects in Germany, with a further ten in planning. At the same time, the developer has secured various premises including the logistics hotspots of Frankfurt am Main and Leipzig, as well as in Bremen and the Ruhr, currently two of the top regions in the logistics property sector.
By securing these premises, Panattoni Europe is responding to the current challenges facing project development in the logistics property sector. “In light of the acute shortage of space all over Germany, the market is presently experiencing an extreme surplus of demand. We have responded to this with a more proactive approach and are increasingly developing our properties without pre-letting them. Generally, we can find tenants before the properties have been completed,” explains Fred-Markus Bohne, Managing Partner of Panattoni Europe.