We use cookies

Welcome! We use cookies to ensure the proper functioning of the website. We may also use our own cookies and our partners' cookies for analytical and marketing purposes, in particular to match advertising content to your preferences. The use of analytical, marketing and functional cookies requires consent. If you wish to accept all cookies, click "Accept All". If you do not agree to our use of cookies other than essential cookies, please click "Reject All". If you want to adjust your consents for us and our partners, click "Manage cookies". Remember that you can withdraw each of the consents you have given at any time by changing the selected settings.

The use of cookies for the above-mentioned purposes is related to the processing of your personal data. The data controller of your personal data is Panattoni Development Europe sp .z o.o. with its registered seat in Warsaw (00-844), Plac Europejski 1, entered into the register of entrepreneurs of the National Court Register kept by the District Court for the Capital City of Warsaw in Warsaw, XII Commercial Division of the National Court Register, under the KRS number: 0000310363, NIP number: 5252437526. In some cases, our partners may also be data controllers. More information about our and our partners' use of cookies and the processing of your personal data, including your rights, can be found in our Privacy Policy.

Accept all Reject All Set preferences Privacy preferences

Below you can change our and our partners’ cookie settings. Our use of analytical, marketing and functional cookies requires your consent. As part of marketing cookies, we have separated the category of cookies related to the display of advertisements in connection with the use of websites (advertising cookies) and cookies that allow you to reach you with personalized advertising on social networks (social media cookies). Below you may find more information about the individual categories of cookies that we use on the website.

The use of analytical, marketing and functional cookies requires your consent. If you wish to accept all cookies, click "Accept All". If you do not agree to our use of cookies other than essential cookies, please click „Reject all”. To change cookie preferences, move the slider next to the selected category and press "Save settings and close". You have the right to inspect your settings and to change them at any time. Remember that you can withdraw each of your consents at any time by changing the selected settings and clicking "Save settings and close". The withdrawal of individual consents does not affect the lawfulness of the processing carried out before the consent was withdrawn.

The use of cookies involves the processing of your personal data regarding your activity on the website. Detailed information on how we and our partners use cookies and process your data, as well as your rights, can be found in our Privacy Policy.

Strictly Necessary Cookies

Our use of strictly necessary cookies is indispensable for the website to run properly. These files are installed in particular for the purpose of remembering login sessions or filling in forms, as well as for the purposes related to the choice of the privacy options.

Functional cookies

Functional cookies remember and adapt the website to your choices, e.g. language preferences. You can set your browser to block or alert you in case essential and functional cookies appear, however this will result in some parts of the website not working properly.

Save settings Accept all
  • Home
  • Newsroom
  • Panattoni, a global leader in industrial & logistics real estate development, debuts in Asia with its first operations in India
Persberichten

Published:

25.07.2022

Panattoni, a global leader in industrial & logistics real estate development, debuts in Asia with its first operations in India

Indian headquarters established in Bengaluru, the capital and largest city in the southwest state of Karnataka, led by Sandeep Chanda - Managing Director India, Panattoni. Primary focus of growth is on the top eight Indian cities in the next few years; followed by expansion into tier-2 markets in the second phase of expansion. With a dynamic and flexible ‘open-book’ development model and a well-diversified global institutional investor capital partner base, Panattoni India aims to launch 2-3 projects by end-2023 involving an initial investment of $200 million (€193 million).

Published:

25.07.2022

India image

Panattoni, one of the world's largest industrial real estate developers, has marked its debut in Asian markets with the opening of its first operational headquarters in India located in Bengaluru, the capital and largest city in the southwest state of Karnataka. Panattoni India is led by Managing Director, Sandeep Chanda, formerly head of strategy & acquisitions at Embassy Industrial Parks.

The company plans to introduce its ‘open book’ transparent business model of partnering with global institutional investors to facilitate the deployment of capital in direct investments in the fast-expanding Indian industrial and warehouse market. Panattoni’s initial focus of growth is on the top eight Indian cities, and it aims to launch its first two to three projects by the end of 2023 involving an initial investment of $200 million (€193 million). The second phase of expansion in tier-2 markets will follow. The opening of the Bengaluru HQ was preceded by a first Indian office in Mumbai and there are also plans to set up in Delhi to reinforce Panattoni’s presence in the major metropolitan centres.

Robert Dobrzycki, CEO & Co-owner, Panattoni Europe and India, said: “In just 20 years Panattoni has established itself as the largest industrial and logistics real estate developer in Europe as well as the top-ranking consistent deployer of global institutional capital directly in this fast-expanding investment property sector. I see no reason why the institutionalization and dramatic growth of the industrial and logistics markets in North America and Europe cannot be repeated in Panattoni’s Indian bridgehead and beyond into other Asian countries and on a faster, greater scale in the years ahead. We will facilitate investors’ access to these assets and support the sustainable growth of India’s economy and employment as we have done in the U.S. and across Europe.”

India’s aim of becoming a global manufacturing hub, supported by international corporations’ growing interest in ‘Plus-One’ strategies to diversify their dependence on China and its supply chains, is expected to be a key driver in accelerating the development of the domestic logistics sector, along with e-commerce adoption, infrastructure development and regulatory reforms. This in turn is generating rising investor interest in the Indian economic and real estate investment story.

Sandeep Chanda, Managing Director India, Panattoni, said: “Panattoni’s entry into the Indian market brings with it the Group’s state-of-the-art design and construction technology. Our access to global institutional capital and an extensive international occupier network will supplement the strong core demand for modern sustainable industrial and logistics real estate we are seeing from domestic Indian companies.  Greater supply chain efficiency, rapid e-commerce growth, and consolidation among third-party logistics providers are all fundamental market drivers India increasingly shares with its counterparts in the U.S. and Europe.”

Industrial and logistics leasing activity in India grew by about 39% year-on-year to over 28 msf in 2021 from 19 msf in 2020, according to research from international real estate agent CBRE. The demand for new and modern logistics areas is driven by strong growth in online retail, with retailers and e-commerce players seeking to expand their warehousing space. With increased activity in sectors like e-commerce and 3PL/logistics, the warehouse inventory in the country is expected to reach over 380 msf by 2024, according to a report by agents JLL.  

About Panattoni India Development Pvt. Ltd.

Panattoni India Development Pvt. Ltd. is a part of the Global Panattoni Group – one of the largest industrial real estate developers in the world. Panattoni is also one of the top-ranking, consistent deployers of institutional and private wealth capital directly in deal opportunities in the European industrial and logistics investment market. On average, it invests around EUR 8.0 billion a year globally. The commencement of the Indian operations in 2022 marks Panattoni’s entry into Asia. Headquartered in Bengaluru, Panattoni India recently opened an office in Mumbai and will shortly have a presence in Delhi. With 46 offices across the United States, Canada, Europe and Asia, Panattoni has developed 544 msf of space for 2500+ global clients.

240229_PM Panattoni Campus Köln Schokoladenfabrik
Aanbevolen nieuws Persberichten
From chocolate factory to modern commercial campus: Panattoni is reviving Cologne’s history

Attractive mix of commercial units in City Dock and Panattoni Park

Al het nieuws
AdobeStock_294118984
Aanbevolen nieuws Persberichten
Panattoni enters Belgium, strengthening its presence in Europe

Panattoni is expanding its operations in Europe by entering the Belgian market.

Al het nieuws
Poyle
Aanbevolen nieuws Persberichten
Panattoni starts 80,000 sq ft speculative logistics development at prime Heathrow site

Panattoni, the largest logistics real estate developer in the UK and Europe, has begun speculatively developing Panattoni Poyle 80, a 80,000 sq ft last-mile logistics development in the sought-after Heathrow area, after purchasing the site in the first quarter of 2023.

Al het nieuws
Åstorp-34
Aanbevolen nieuws Persberichten
The roof is completed on Panattoni's first logistic property in southern Sweden

Panattoni is one of Europe's major developers of modern logistics properties and last year the company made its first land acquisition in southern Sweden. The property totals 46,000 square meters and is located in Åstorp, just outside the city of Helsingborg. Yesterday, the success of the project was celebrated with a topping-out ceremony attended by partners and potential tenants.

Al het nieuws
NEXT

Panattoni enters Belgium, strengthening its presence in Europe

Panattoni is expanding its operations in Europe by entering the Belgian market.

Panattoni starts 80,000 sq ft speculative logistics development at prime Heathrow site

Panattoni, the largest logistics real estate developer in the UK and Europe, has begun speculatively developing Panattoni Poyle 80, a 80,000 sq ft last-mile logistics development in the sought-after Heathrow area, after purchasing the site in the first quarter of 2023.

The roof is completed on Panattoni's first logistic property in southern Sweden

Panattoni is one of Europe's major developers of modern logistics properties and last year the company made its first land acquisition in southern Sweden. The property totals 46,000 square meters and is located in Åstorp, just outside the city of Helsingborg. Yesterday, the success of the project was celebrated with a topping-out ceremony attended by partners and potential tenants.

From chocolate factory to modern commercial campus: Panattoni is reviving Cologne’s history

Attractive mix of commercial units in City Dock and Panattoni Park

contact-us3

Neem contact op

We horen graag van je. Neem alsjeblieft contact op.

Bedankt!
We komen zo snel mogelijk bij je terug.

Panattoni
Panattoni
Panattoni
Panattoni
Panattoni
Panattoni