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  • Home
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  • Panattoni iberia lays the foundation stone of its Panattoni Park Porto Valongo project
Articles Press releases Eco news

Published:

05.07.2023

Panattoni iberia lays the foundation stone of its Panattoni Park Porto Valongo project

Panattoni Iberia lays the foundation stone for its first development in Portugal, which will become the largest logistics project in the northern part of the country.

Published:

05.07.2023

270

Panattoni, Europe’s largest developer and deployer of institutional capital in industrial and logistics real estate, has laid the foundation stone to start the construction of a 75,000 sqm GLA(gross lettable area) speculative project within its Panattoni Park Porto Valongo. A two-building Logistics Park of 27,000 and 47,000 sqm, located in Valongo, Porto. The logistics park represents a total estimated investment of € 50 million euros, is the company's first in the Portuguese market.

The buildings will occupy a 150,000-sqm plot of land and completion is expected to be ready on May 2024. The logistics park will offer flexible features and will be able to accommodate customised logistics or cross-docking platforms in smaller units from 13,200 sqm. The warehouses will have more than 130 loading bays and will have a minimum clear height of 11.50 metres to optimise storage capacity, ESFR K25 sprinklers, a 35-metre truck manoeuvring area and an estimated 6 tonnes of floor loading per square metre, as well as a total office area of 1,500 sqm.

The park has direct access to the A41 (Porto's ring road) and is located 2 km from the A4 (linking Porto's metropolitan area with the Spanish border), which offers a direct connection to the centre of Porto, which is only 25 minutes away. 'Panattoni Park Porto Valongo' offers its future tenants a strategic location for all types of companies that require proximity to the city, good connections for last mile services or connections to the rest of the peninsula.

In line with Panattoni's sustainability strategy 'Go Earthwise with Panattoni', the project will be BREEAM 'Very Good' certified, ensuring the well-being of future tenants of the buildings, generating savings in operating costs, and minimising the impact on the environment. In addition, the logistics park will be equipped with 100 kW solar panels, smart LED lighting, a car park for 600 vehicles and charging points for EVs and bicycles.

´Panattoni Park Porto Valongo', will provide customers with the opportunity to access the most modern, efficient and environmentally friendly logistics facilities available in the Portuguese market. In addition, we will offer highly competitive rental rates, ensuring that our comprehensive solutions are affordable for the industrial and logistics sector in Northern Portugal

We are very pleased to lay the foundation stone of our first project in Portugal. We have made the largest investment in the sector in the north of Portugal, demonstrating our short and long-term commitment to the country. This is the first of many more to come Gustavo Cardozo, Panattoni's Managing Director for Spain and Portugal
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Pruszkow V Ulma (6)
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Panattoni pre-lets net zero carbon logistics facility in Sittingbourne to DPD

Panattoni, the largest logistics real estate developer in the UK and Europe, has signed a pre-lease agreement with DPD, the parcel delivery company, for a 58,000 sq ft facility at its net zero carbon Panattoni Park Sittingbourne development in Kent.

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Panattoni Secures £625m for New Development in the UK

Panattoni, the largest logistics developer in the UK and Europe, has successfully closed a £625 million development loan facility, which will support Panattoni’s strategic growth in the UK to invest in speculative development.

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Panattoni leases a 16,000 sqm unit to ALDI Portugal at Panattoni Park Porto Valongo

The logistics park is located just 25 minutes from Porto's city center, with direct access to major highways. Its modern and sustainable infrastructure is designed to optimize energy and operational efficiency, meeting the needs of the German supermarket chain, which will open a new Distribution Center at this location.

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NEXT

Panattoni pre-lets net zero carbon logistics facility in Sittingbourne to DPD

Panattoni, the largest logistics real estate developer in the UK and Europe, has signed a pre-lease agreement with DPD, the parcel delivery company, for a 58,000 sq ft facility at its net zero carbon Panattoni Park Sittingbourne development in Kent.

Panattoni Secures £625m for New Development in the UK

Panattoni, the largest logistics developer in the UK and Europe, has successfully closed a £625 million development loan facility, which will support Panattoni’s strategic growth in the UK to invest in speculative development.

Panattoni leases a 16,000 sqm unit to ALDI Portugal at Panattoni Park Porto Valongo

The logistics park is located just 25 minutes from Porto's city center, with direct access to major highways. Its modern and sustainable infrastructure is designed to optimize energy and operational efficiency, meeting the needs of the German supermarket chain, which will open a new Distribution Center at this location.

Report: European Logistics & Supply Chain Sustainability 2024

Building upon the success of our first two reports in 2022 and 2023, HFW, Panattoni and Pledge, in conjunction with Analytiqa, are delighted to publish the third European Logistics & Supply Chain Sustainability Report, assessing sustainability strategies and activity across Europe, focusing on logistics and supply chain operations.

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