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07.09.2021

Panattoni enters the French market

European industrial real estate market leader Panattoni is continuing its expansion across the European market with the opening of an office at Paris. Salvi Cals has been appointed Managing Director for the French market.

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07.09.2021

Salvi Cals_DG Panattoni France

Panattoni expands its foothold in Europe. Following its successful ventures in Germany, the United Kingdom, Netherlands, Poland, Spain, Hungary, the Czech Republic and Slovakia, Panattoni has decided to expand into another market. Its latest destination is France – a dynamic and strategic market for investors and one where the end-customer demand is high. In the first half of 2021, take-up in French logistics real estate reached 1.7 million sqm*. “France represents an essential market for our customers. Located in the heart of Western Europe, it is the gateway to many of the European countries in which we are already present as well as markets that we wish to expand into. The services offered by its port, airport and road infrastructure are a key differentiator for the country,” explains Robert Dobrzycki, the Chief Executive Officer of Panattoni Europe.

 “Our customers operate in many European markets. In each of these, we want to offer them the best possible conditions to work in, by supplying them with first-class logistics platforms and production space,” insists Robert Dobrzycki. The strength and potential of the French market are the main reasons for this expansion: “As in other European countries, the global pandemic has had little or no impact on warehouse demand. 3PL and retailer resilience, new consumer trends, in particular the rapid growth of e-commerce, have given us the positive signals we need to start building an experienced team of professionals in France right now,” he adds.

The French arm of Panattoni will be led by Salvi Cals, who has been appointed Managing Director.

 “Panattoni provides me with the opportunity to offer our customers and partners a wide range of services. The strength of Panattoni’s global platform enables the French team to move quickly and develop a diversity of assets, of all sizes and in all French regions where the supply can be limited,” explains Salvi Cals, Panattoni’s Managing Director for France.

 Salvi Cals has the advantage of 15 years’ experience in commercial real estate in France, including more than 10 years at Prologis, where he oversaw its investment services team in Southern Europe from 2010 to 2014. Salvi then joined the capital deployment team in charge of the Paris and Le Havre markets until 2020, when he was promoted to Head of Capital Deployment for France. During his tenure, Salvi managed 330,000 sqm of developments, including speculative and built-to-suit projects, acquired 60,000 sqm of urban logistics assets in Paris, and secured 1 million sqm of new development sites.

  

*Source: CBRE - France Logistics MarketView Q2 2021

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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 & 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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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.

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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 & 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.

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 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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