Panattoni the largest industrial developer in Europe for the seventh consecutive year

Panattoni, the world's most active industrial real estate developer, has once again confirmed its position as the clear leader in Europe. The company has won the Top Logistics Developers ranking for the seventh consecutive year, delivering 8 million sq. m. of space between 2020 and 2022 - more than three times as much as the second developer in the list. In addition, at the end of 2022. Panattoni had more than 4 million sqm under construction.

Panattoni delivered more than 1 million sq. m. more than in last year's list, covering 2019-2021. Thus, the 2020-2022 period was the most active in the company's history, which grew its portfolio by anticipating and setting trends, creating developments tailored to the needs of dozens of industries and hundreds of clients, and setting the bar very high for sustainable construction.

- "The last three years have been marked by constant change and uncertainty - first due to the pandemic and then 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 perfectly prepared, offering the highest standard of industrial facilities on the market." - Comments Robert Dobrzycki, CEO & Co Owner Panattoni in Europe and India. - "The ever-increasing volume of delivered space, perfectly reflects Panattoni's harmonious development in Europe, which also involves the establishment of more offices across the continent. In recent years, we have opened new branches in Spain and Portugal, France, Sweden, Austria, Italy, the Netherlands, Hungary and Denmark, among others. In addition, we opened an office in India in 2022, expanding outside Europe as well." - he adds

The numbers achieved by Panattoni confirm the company's rapid growth in Europe. Delivered 8 million sq. m. between 2020 and 2022, that's more than 40 percent of the total space completed by the developer since 2005. In addition, the company had 4.1 million sq. m. under construction at the end of the year - more than 2 times more than the second company in the Top Logistics Developers list, and 3 times more than the third. - "The last few years have been particularly active, with demand for modern space increasing along with the growing importance of trends such as the development of e-commerce, the value of which on the Old Continent is expected to grow from $600 billion in 2022 to more than a trillion dollars in 2026. The changes are confirmed by our portfolio, which already includes one-third developments for e-commerce. A very important consequence of the pandemic and the war in Ukraine is also the phenomenon of nearshoring, which attracts more and more manufacturing companies primarily from Asia, closer to the end user, which particularly benefits our key market - Poland, located in the center of Europe," adds Robert Dobrzycki.

The consequence of nearshoring is more production facilities being built in the central part of the continent, which have become Panattoni's specialty in recent years. Many of them are realized by the BTS (build - to-suit) division, which in Central Europe alone is responsible for the delivery of about 100 tailor-made industrial facilities, including high-tech factories.

All the time, a very important part of the developer's portfolio remains urban investments, which are becoming an excellent platform for last-mile logistics. Panattoni in 2020-2022 delivered nearly 1.3 million sqm within this segment.

Leader on many levels. Panattoni also remains an industry leader in sustainable construction. The very high standard of execution is confirmed by successive environmental certifications. As of the end of 2022, the developer in Europe had obtained them for investments totaling more than 10 million sq. m., and plans to increase this number to more than 16 million over the next year. Among other things, the company in recent months obtained an Outstanding rating in the BREEAM International New Construction system for Panattoni Park Szczecin III, which to date is the only development at such a high level of certification in the industrial real estate market in Poland.

source: press materials