Panattoni is the largest industrial developer in Europe for the seventh time in a row

Panattoni, the most active industrial developer in the world has for another year confirmed its position as the clear leader in Europe. For the seventh time in a row it has come top of the Top Logistics Developers ranking, having delivered 8 mln sqm of space over the 2020-2022 period – over three times more than the second developer in the ranking. Moreover in 2022, Panattoni had over 4 mln sqm under construction.

Panattoni delivered over 1 mln sqm more than in the previous year’s ranking covering the 2019-2021 period. Additionally, 2020-2022 turned out to be the most active period ever for the developer. It grew its portfolio, predicted and set the trends and also created projects to meet the needs of multiple industries and hundreds of clients while setting an extremely high bar for sustainable construction. 

”The last three years have been marked by constant change and uncertainty – firstly due to the pandemic and then due to the war in Ukraine. This has resulted in a new way of thinking about the industrial cycle and supply chain security, for which Panattoni was superbly prepared with its offer of the highest quality space on the market,” comments Robert Dobrzycki, CEO & Co Owner of Panattoni for Europe and India. "The ever-increasing volume of space we deliver is a perfect reflection of Panattoni's harmonious development in Europe, which also entails the setting up of more offices across the continent. In recent years, we have opened new offices in countries that include Spain, Portugal, France, Sweden, Austria, Italy, the Netherlands, Hungary and Denmark. Additionally in 2022, we opened an office in India to expand beyond Europe as well," he adds

The figures Panattoni has achieved also confirm the firm’s lightning growth in Europe. Between 2020 and 2022, 8 mln sqm was delivered, which is over 40% of the space developed by Panattoni since 2005. Moreover, the company had 4.1 mln sqm under construction at the end of the year, over two times more than the second company in the Top Logistics Developers ranking and three times more than the company that came third.  "Our last few years have been particularly active, with the demand for modern space increasing along with the growth of trends such as the rise of e-commerce, the value of which on the European continent is expected to grow from USD 600 billion in 2022 to more than a trillion in 2026. These changes are reflected in our portfolio, a third of which already comprises e-commerce developments. Nearshoring has also become another extremely important consequence of the pandemic and the war in Ukraine, with more manufacturing companies being drawn back primarily from Asia to be closer to their end customers and this is of particular benefit to our key market of Poland, which is situated in the centre of Europe,” adds Robert Dobrzycki.

More factories in the centre of the continent are a consequence of the nearshoring trend and these have become a Panattoni speciality over the last few years. Many of them have been delivered by its BTS (Build To Suit) department, which in Europe alone has been responsible for the delivery of around 100 custom-designed industrial centres including many hi-tech factories.

Urban developments continue to be an extremely important part of the developer’s portfolio, since they make an excellent platform for servicing last mile logistics. Between 2020 and 2022, Panattoni delivered almost 1.3 mln sqm in this sector.

A leader in many regards. Panattoni also remains the industry leader in sustainable construction. Its extremely high construction standard is proven by the award of successive environmental certificates. By the end of 2022, the developer had been awarded such certification for developments comprising over 10 mln sqm in Europe and it plans to increase this figure to over 16 mln over the coming year. Among other things, in recent months the company has been awarded BREEAM International New Construction with a rating of Outstanding for Panattoni Park Szczecin III, which to date is the only project to be certified at such a high level on the industrial real estate market in Poland.