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09.11.2021

Panattoni & ADM’s first project: the revitalisation of a 15 ha industrial brownfield in Beauvais (60)

Panattoni has today announced the acquisition of a 15 ha former production and storage site for automobile spare parts in Beauvais (60), which is to be entirely revitalised in its first joint development with ADM, a company that exclusively specialises in the remediation and upgrading of brownfield sites. The large-scale project, located on the edge of the Ile-de-France region, will be carried out according to thorough environmental principles.

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09.11.2021

VUE 06 Bureaux B

Panattoni is making its first investment in France with this acquisition, which was identified and managed by ADM, of a 10 ha industrial site and 5 ha of agricultural and natural land. The buildings, which fell into disuse several years ago, are to be demolished and recycled in situ this coming winter and the industrialised area is to be remediated. The whole project is to be carried out and developed by ADM and Panattoni.

 The old disused buildings will give way to a new 45,000 sqm, state-of-the-art logistics centre, developed with in a sustainable manner, with features designed for optimal environmental efficiency: the preservation of the agricultural use, the optimisation of built-up land, asbestos removal and site decontamination, the recycling of demolition materials in the construction process, the installation of photovoltaic panels on the roofs, and the autonomous management of rainwater to prevent wastage are some of the solutions that will be employed aimed at reducing the environmental footprint of the project. These measures were integrated into the design of the project since its inception and are in line with the principles of the ‘Afilog Charter of Reciprocal Commitments’ in terms of environmental performance, which Panattoni, a founding signatory of the Charter, and ADM have committed themselves to.

 “With this first project in collaboration with ADM, we have the opportunity to demonstrate the efficiency of Panattoni’s decision-making and our ability to work in a partnership. Our development strategy prioritises projects with a low environmental footprint, and brownfields allow us to tick all the necessary boxes for this,” explains Salvi Cals, the managing director of Panattoni France.

 The target is to achieve BREEAM ‘Very Good’ accreditation for this logistics centre, whose construction will be launched in summer 2022. The partnership has also committed, together with the BiodiverCity® association, to a biodiversity approach for this site. The objective is to conserve and improve the biodiversity of the several hectares of natural wooded land, while retaining the original trees and farming on the agricultural land.

 “This joint development with Panattoni is a reference project for ADM. It exemplifies the positioning and strong convictions that inspired the founding of ADM. Our strategy is to rehabilitate and convert derelict sites that have reached the end of their previous life-cycles, through real estate projects with high added-value. We hold these convictions for sustainable (re)development as a solution to the urban sprawl blighting our natural and agricultural areas," says Marceau Pinault, the founder of ADM.

 The Allonne Saint-Mathurin site is located in the borough of Allonne, on the outskirts of the city of Beauvais, with immediate access to the A16 motorway. It is therefore an ideal location for serving the Paris region and the north of France.

 "In a context of scarcity of supply, the revitalisation of industrial wasteland makes it possible to develop an adapted land supply by responding to new environmental challenges", adds Fabrice Basnier, Director of Logistics Transactions, SCLS, JLL France

 For this transaction, the parties were advised by JLL.

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Panattoni, has started construction of a speculative 45,000 sqm state-of-the-art logistics complex on an old industrial brownfield site in Beauvais, to the north of Paris, together with French property developer ADM. The total investment volume of Panattoni’s third development project in France is around €40 million.

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Panattoni launches the construction of two logistics platforms in Troyes (10).

European industrial real estate market leader Panattoni has launched the construction of a logistics platform of a surface of 62,200 square meters, within the Parc Logistique de l’Aube in Saint-Léger-Prés-Troyes. A second building of 49,900 square meters will also be built

Panattoni has started the construction of the first logistics factility in France.

European industrial real estate market leader Panattoni has started the construction of its first logistics plateform in France, only a year after its establishment in France. The project, an independent building of 38,600 square meters, is being developed in speculative Its strategic location at the gateway to Greater Paris, in the Parc d'Activités du Pays de Meaux in Villenoy (77), offers a large-scale real estate solution to market players in the eastern part of the Ile-de-France region within a short timeframe.

Panattoni recruits Agata Moreau as Head of Asset & Transaction Management and Xavier Mouette as Head of Capital Markets

Panattoni is pleased to announce and appoints Agata Moreau and Xavier Mouette as Head of Asset & Transaction Management and Head of Capital Markets respectively. Agata will provide support for customers in the restructuring of assets as well as in the development of new buildings by Panattoni. Xavier will be responsible for investor management and relationships including capital sourcing and structuring for the Panattoni.

Panattoni launches third development in France with €40 mln logistics brownfield speculative project in Beauvais, together with ADM

Panattoni, has started construction of a speculative 45,000 sqm state-of-the-art logistics complex on an old industrial brownfield site in Beauvais, to the north of Paris, together with French property developer ADM. The total investment volume of Panattoni’s third development project in France is around €40 million.

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