Panattoni signs second pre-let at Aylesford to Fowler Welch

Panattoni signs second pre-let at Aylesford to Fowler Welch

Panattoni, the largest industrial real estate developer in Europe, has signed the second pre-lease agreement at Panattoni Park Aylesford a development in Kent with Fowler Welch, the temperature-controlled logistics company.

Fowler Welch, part of the Culina Group has signed a 15-year lease for a 97,891 sq ft facility, which includes several zero carbon technologies and enhanced sustainability features, as well as 20 dock doors and a 50m yard.

Sustainability is at the heart of Panattoni Park Aylesford’s design. The strategy aims to minimise the operational use of carbon, which includes some scope three emissions from tenant activity and installed equipment and systems such as heating and lighting. Every building at the park will have air source heat pumps to control temperature in the offices and photovoltaic panels on the roofs. It is anticipated that these measures will generate up to 15% reductions in regulated energy use across the building.

Panattoni is also targeting a BREEAM ‘Excellent’ rating for the building and working in partnership with Kent Wildlife Trust to achieve a 10% net gain in biodiversity at the site.

The pre-let to Fowler Welch follows the first pre-let at the development at the end of last year to DHL.

Alex Mitchell, Development Associate at Panattoni, said: “In a short space of time we have signed pre-lets with two high-quality logistics companies, which endorses our belief in the location. Aylesford is the largest available logistics site serving London and the Channel ports”.

 

Agents at Panattoni Park Aylesford are CBRE, Avison Young and JLL. Fowler Welch was represented by Legat Owen.

Panattoni with new team in Italy appoints Jean-Luc Saporito as Country Head based in the Milan Office

Panattoni with new team in Italy appoints Jean-Luc Saporito as Country Head based in the Milan Office

Italy has been experiencing a boom in logistics real estate for several years now. Not only due to the dynamic development of e-commerce but also due to the tenants of existing space looking for more modern and environmentally-friendly facilities.

Panattoni is the largest developer of modern industrial and warehouse space in Europe, present in the continent’s most important logistics markets – e.g. German, French, English, Spanish, Polish, Swedish and Dutch, currently establishes a solid team in Southern Europe, Italy.

– “The Italian market has been developing very dynamically in recent years. In 2021, nearly 26.9 million sq ft of space was leased, which is the highest figure in Italian market history. This is primarily the result of strong demand for modern and technologically advanced logistics facilities, available off-the-shelf. It is something that is at the heart of our offer to customers. The Italian market is also being driven, like other logistics markets, by the rapid development of e-commerce and the implementation of online sales and home delivery networks by players in the retail market. Its growth potential in this respect is enormous” – explains Robert DobrzyckiCEO and Co-Owner of Panattoni.

As recently as 2019. Italy was one of the countries with the lowest penetration of online sales – it reached just 5% of retail sales value. CBRE predicts that this share will double by 2024, with e-commerce revenues reaching £18.7 billion.

Italians are betting on eco. In total, around 21.5 million sq ft of new space was delivered in Italy throughout 2021, one in four of which was speculative. The country’s total warehouse and industrial stock exceeded 236.8 million sq ft.

– “There is a strong trend in Italy for tenants to move from old logistics facilities to more modern and environmentally friendly ones. Panattoni’s offer fits in perfectly with these expectations. Especially, that we are one of the few to offer a standard environmental certification of its facilities in the BREEAM system at Very Good level. For tenants, this means that such an investment meets high ecological criteria and is user-friendly. Moreover, the operational costs are lower, thanks to reduced water and energy consumption and lower emissions of harmful substances” – says Jean-Luc Saporito, who has taken up the position of Managing Director of Panattoni’s Italian subsidiary. He will be responsible for developing Panattoni’s speculative and Build-To-Suit projects in Italy, with a particular focus on the e-commerce market.

Jean-Luc Saporito joined Panattoni from P3 Logistic Parks where he was Chief Development Officer, overseeing the development activities in France, the Czech Republic, Slovakia, Romania and Italy. Before that, as Managing Director for P3 Italy, he doubled the size of the portfolio in Italy thanks to new turnkey projects delivered to prestigious clients such as Lamborghini, Ducati and Amazon.

During his past tenures, he developed over 10.76 million sq ft of logistic space in Southern Europe. For most of his career, Jean-Luc worked in various Fortune 500 companies such as Amazon, Procter & Gamble and Hewlett Packard. He is a Mechanical Engineer and has an MBA from Insead.

Marco Zorzetto joined Panattoni Italy with the responsibility of business origination, development and deal structuring. He brings 18 years of experience in Real Estate and distressed situations developed across fund management, asset management and banking in several asset classes (logistics, office, alternative and NPLs). Previously to Panattoni, Marco worked in Aedes, GE Real Estate, KPMG and Savills IM with senior roles in Italy, the UK, and the USA. Marco holds the ability to structure and deliver complex RE development projects in a timely manner and with an analytical mindset.

He graduated with top marks in Business & Administration in “L. Bocconi” University in Milan, in 2004.

Christian Caye has been appointed as Head of Construction at Panattoni, Italy. He has overall 25 years of experience in the Construction industry. Christian spent the last five years at Amazon EU, leading the design and construction of Fulfilment Centres projects, either green or brownfield, in Italy, France, Germany, and Poland for a work’s value of over £839 million.

Previously, Christian worked in France and Italy for major General Contractors and Engineering companies on large civil and industrial infrastructure projects. He holds an M.Sc. of Civil Engineering from INSA Lyon, France and is a Chartered Engineer in France and Italy.

Riccardo Paulotto has taken up the position of Director of Structured Finance and Operations at Panattoni. Previously, he spent 6 years as Head of Structured Finance in Statuto Group, one of the leading Italian real estate groups active in the luxury hotels, retail and F&B sector. He started his career in Prelios Group (formerly Pirelli Real Estate), working there for 10 years, and became Head of Finance of Prelios S.G.R. S.p.A.

He has over 16 years of experience in finance and real estate. Riccardo has structured and managed debt transactions (Facility Agreement, Bond Issuance and Securitized SPV) with over £3.35 billion of debt. His background is in economics and finance – he studied at the Faculty of Economics at the University of Sassari. Riccardo holds a Master in Corporate Strategy (MISA) and a Master of Business Administration (MBA) from SDA Bocconi.

Gaia Manetti has also joined the team as Office Assistant.

Gaia has a degree in Foreign Languages for Business from the Catholic University of Milan. In her role she will be responsible for the administrative management of the Milan headquarter, supporting the team in all ordinary office management activities.

Panattoni expands into Austria

Panattoni expands into Austria

Panattoni, the leading project developer for industrial and logistics real estate in Europe, establishes a new branch in the federal capital of Vienna, Austria and thereby continues its ongoing expansion and growth strategy in Europe. The Vienna office is occupied in February 2022 and is managed by Jürgen Winklbauer, an experienced project developer. Panattoni already has initial early projects in the logistics hotspots of Graz, Linz and Vienna.

With this office, the project developer is entering another dynamically growing European market. According to the international real estate service provider CBRE’s most recent report, the boom in the Austrian logistics real estate market is continuing. In 2021, new records were achieved. The 2021 total investment in the logistics real estate market amounted to about £372 million, and around 4.2 million sq ft of logistics space were completed.

The high demand for new and modern logistics areas is driven by strong growth in online retail and meets a low rate of empty industrial and logistics units. Demand exceeds the current supply of rentals, as well as investments, on the market.

For many logistics service providers, Austria’s geopolitical location in the centre of Europe and in immediate vicinity of the expanding markets in Central and Eastern Europe serves as another important and attractive factor for this location.

As Managing Director Austria, Jürgen Winklbauer will be responsible for a team of business development and project managers. Born in Austria, he not only has many years of experience in the project development of industrial and logistics real estate, but also is very well acquainted with the Austrian market due to his work at well-known Austrian family offices, as well as at one of the largest logistics service providers in Europe.

“I am sure that Panattoni’s entry into Austria will give rise to many new opportunities for the real estate and logistics sector. In doing so, we react to the strong demand for high-quality areas in logistics hot spots, such as Vienna, but also in other interesting regions of Austria,” says Jürgen Winklbauer, Managing Director Austria.

Fred-Markus Bohne, Managing Partner at Panattoni, comments on the opening of the new location as follows: “Establishing a new branch accommodates Panattoni’s growth strategy as the European market leader, as well as the importance of the Austrian logistics and economic location. Jürgen Winklbauer, the head of the new Austrian Panattoni team, comes with excellent references from his many years of work in real estate and in the logistics sector. The new team is highly accomplished and has excellent skills.”

Panattoni starts 575,000 sq ft speculative logistics development in the East Midlands

Panattoni starts 575,000 sq ft speculative logistics development in the East Midlands

Panattoni, the largest industrial real estate developer in Europe, today announced it has begun speculatively developing a 575,000 sq ft logistics park at junction 28 of the M1 in the East Midlands.

Panattoni Park J28 Central M1 will comprise two units of 345,000 sq ft and 230,000 sq ft, which are expected to be completed in the fourth quarter of this year and will be built to a BREEAM rating of ‘Very Good’ and an EPC rating of ‘A’.

The 345,000 sq ft facility will benefit from 15m clear internal height, 32 dock doors, 4 level access, 291 car parking spaces, including electric charging points for cars and vans and 49 HGV spaces. The 230,000 sq ft facility will benefit from 15m clear internal height, 22 dock doors, 3 level access, 260 car parking spaces and 41 HGV spaces.

Buckingham Group Contracting has been appointed main contractor on site.

Junction 28 of the M1 is an important logistics location in the East Midlands, as it is almost equidistant between Birmingham and Manchester, the UK’s second and third largest cities, and offers the ability to easily serve from the Midlands to Yorkshire. The park lies to the east of the junction, fronting the A38, which links it directly to Birmingham via Derby. The M1 link puts both Sheffield and Nottingham within easy reach.

Andy Preston, Development Director at Panattoni, said: “This is a key logistics location in the UK, as 71% of the UK can be reached within a 4.5-hour HGV journey. The park can serve as a centre for same day e-fulfilment operations or as a national and regional distribution hub.

“We are excited to be bringing forward Grade-A buildings in a supply-starved market and we are already having conversations with potential occupiers, struggling to find suitable existing buildings”.

 

Panattoni Park J28 Central M1 is part of Panattoni’s commitment to a significant speculative development programme in the UK in response to strong demand from occupiers for immediately available space.

Letting agents are FHP and CBRE.

Interview with Robert Dobrzycki in PERE – Logistics’ trans-Europe express gathers speed

Interview with Robert Dobrzycki in PERE - Logistics’ trans-Europe express gathers speed

Panattoni CEO Europe, Robert Dobrzycki, spoke about the pan-European industrial and logistics market in the latest issue of PERE magazine. What trends are fuelling greater geographic diversification across European logistics markets? Read the full article below!

 

E-commerce and supply chain transformation, coupled with investor demand, are creating a truly pan-European industrial and logistics market, says Panattoni CEO & co-owner Europe, Robert Dobrzycki

While European logistics real estate markets have garnered avid investor interest in recent years, much developer and investor activity has been focused in a few prime markets. But occupier trends that have intensified during the pandemic – notably, the need to provide e-commerce delivery centres close to populations and onshoring bringing increased production activity back to parts of Europe – are now creating conditions in which it is both necessary and desirable to create truly pan-European development platforms that are able to fulfil investors’ desire to build large, diversified portfolios across the continent.

What investor-level trends are fuelling greater geographic diversification across European logistics markets?

There is a huge shift of capital from other asset classes to logistics because of the well-established structural trends that favour the sector. However, compared to the amount of capital allocated, the total stock and value of industrial property is still small relative to other real estate sectors. There is much more demand from investors than there is product available, therefore yields are continuing to compress across European markets. The historically high capital values we see today are nevertheless still justifiable, because it is becoming ever more difficult for developers to buy land, get a permit to build and supply new logistics facilities in desirable locations. Frequently, logistics is not perceived as a desirable use for municipal authorities in high-consumption areas, and populations in those areas do not want warehouses as neighbours. Scarcity supports values for logistics property, while also offering investors the likelihood of further yield compression in the long run because of excellent prospects for rental growth. Meanwhile, the difficulty and expense of accessing the logistics market at scale is transforming the way in which investors are working with developers to deploy their capital. Instead of buying standing product, they are trying to cut themselves a slice of development profit by backing developers. Because building volume through development on a deal-by-deal basis is difficult, investors are funding largescale pan-European construction platforms. That is part of the reason why Panattoni has been expanding its geographic reach, to be able to do that faster and better across more European markets. Add to that the fact that large pan-European logistics portfolios are extremely liquid, and it explains why the region’s logistics market is becoming much more programmatic, volume-oriented and pan-European.

Do some European locations still offer comparatively attractive entry yields?

Demand from occupiers and capital providers still does not match completely, which creates buying and development opportunities. Demand fundamentals in western Poland and eastern Spain are better than in western France or eastern Germany, but that is not yet reflected in investor demand or in yields. Investors, in their high-level analysis, reason that France represents a better capital markets outlook, and much more liquidity, than Spain. The same applies for Germany versus Poland. The demand from logistics occupiers in western Poland and eastern Spain is very strong; however, while their popularity with investors has yet to catch up, the yield gap between those locations and those that are favoured by investors is wider than it should be. In fact, a warehouse in western Poland should be perceived as more attractive than one in eastern Germany, because it is still serving German demand from a location on the other side of the border, where labour is more cost-efficient. Meanwhile, there is huge demand for logistics space in France, but it is very difficult to build it. It is much easier to develop on the Spanish side of the border in areas that are still serving France. There is more land available in Poland and Spain, increasing the risk to standing assets of competition from new development, and that plays a role in shaping investors’ perceptions of value in those locations. Of course, it is more attractive to hold assets in a supply-limited location. However, it will not be long before land is scarce everywhere, and the volume of money coming into the logistics market is so high that the yield gap we still see today will soon close.

How are supply chain trends opening up new markets for industrial development?

In the past, companies were chasing efficiency, which led them to site their production platforms in low-cost global locations. Occupiers are increasingly taking the view that long supply chains are risky, so they are shortening and diversifying their supply chains and seeking to bring them closer to the end consumer, even though that generates higher costs. When the first lockdowns closed borders, businesses created temporary country-by-country supply chains to ensure continuity of supply. Those are very inefficient, so they are unlikely to persist as the pandemic becomes less of an issue. However, as long as COVID and geopolitical factors continue to cause supply chain uncertainty, we will continue to see companies setting up multiple facilities in Europe, where once they would have operated out of fewer buildings or located them elsewhere. We are seeing that trend in Western Europe, but it is Central and Eastern Europe that has been the chief beneficiary. The most visible consequence of that trend for the industrial market is that production facilities are being opened in Europe, instead of in Asia, to serve Western European demand. For example, electric vehicles destined for German and French buyers are being built in the central and Eastern part of the continent. Demand in south-eastern Europe has grown substantially. Labour is in short supply in Western Poland and the Czech Republic. Developers are unlikely to cross into Ukraine because of tensions on the Russian border, so the locations most likely to benefit are Hungary, Slovakia and Poland, which are already established markets for Panattoni, and also Romania, Serbia, Slovenia and Croatia. Increased production will drive more economic activity in those areas, so local consumption will grow as well, creating more warehouse demand. For developers, those markets were difficult to enter because the volume in each of those small countries was not sufficient to justify setting up a local development operation. However, with volumes growing significantly, it is more practical for a pan-European developer to serve those local markets. That is definitely an expansion path for us going forwards. There is still a very substantial economic development gap to be closed between those markets and Western Europe.

Are those locations also attracting more attention from investors?

Occupiers may want space in a location, but without investor demand the market is not a good prospect for developers like us. It differs from country to country, but we have seen growing investor appetite for southern and eastern Europe since the pandemic, which encourages us to go there. Investors who are looking for a bit more yield, for higher returns, cannot find that in Western European markets. There is much more potential upside in Eastern Europe. Volumes are lower but growing, and we have seen some global investors who specifically want to be in Southern and Eastern European logistics markets because there is much less competition, a bit more yield, and they still believe in the market dynamics.

Panattoni is also seeking to expand into more national markets in Western Europe. What is driving that?

Tenant demand, which is mostly for e-commerce fulfilment in areas of high consumption, is the main driver. At the same time, investors want pan-European coverage, exposure and access to product. In the past, we felt that within Western Europe, France and Italy were a bit less dynamic and more mature than some other markets. However, e-commerce growth has made those markets a more attractive prospect for developers. Creating product in France is tougher than in most other European countries. Greenfield development is limited and getting permits is difficult. We plan to progress mainly through a brownfield strategy, buying older facilities, remodelling and repositioning, demolishing, and constructing modern buildings. We have secured a site north of Paris and we are hoping to acquire a second one soon. A few other acquisitions are on target for the first quarter of 2022. In Italy, we have established a team and will probably close on two sites in the north of the country in early 2022. The fundamentals there are similar to other Western European markets, with the large e-commerce customers that we serve elsewhere also expanding there. We are also looking at Sweden. Our end-user clients want to be there because it has quite a large consumer market to serve. Property there is expensive, but it is also a very liquid market.

What are the main challenges facing European logistics developers?

At the moment, the challenges are on the supply side: land acquisition and construction costs. Supply chain issues meant that building costs have risen substantially over recent months. It is not the level of cost that presents a problem. Because there is high demand from tenants, they will pay more rent. It is the unpredictability of cost. Sharp increases halfway through a project can be difficult to absorb. There is no magic way of dealing with it. You just have to watch costs closely and have a strong relationship with your contractor and your capital provider so that the risk is shared. The yield compression we are seeing at the moment creates a natural hedge for construction cost increases and they are also likely to be offset by rental growth. When building programs have long lead times, if you cannot lock in your construction costs, you should not be locking in your final investment yield either.

A record year for Panattoni in Poland – more than
34.4 million sq ft leased in 2021

A record year for Panattoni in Poland – more than 34.4 million sq ft leased in 2021

Over the year, the developer signed approx. 300 lease agreements for more than 34.4 million sq ft of space – 19.9 million sq ft more than the previous year! Panattoni’s facilities were chosen by such companies as Zalando, LPP, Media Expert, Carrefour, DHL, DB Schenker, InPost, Solaris and Action. In total, the developer completed 19.9 million sq ft of BREEAM certified space last year, while another 30.1 million sq ft is under construction.

Panattoni’s year in summary. In 2021, the developer signed around 300 lease agreements, the volume of which amounted to 35,065,150 sq ft. This is over 50% more than the total a year earlier. “The growth of the warehouse sector in Poland is accelerating, breaking new records in terms of supply and demand. It is benefiting from the e-commerce boom and the desire to locate distribution centres as close to the consumer as possible, as well as the trend for nearshoring and the increasing production activity throughout Europe. This made 2021 a breakthrough year for Panattoni and the sector,” comments Robert Dobrzycki, the CEO and co-owner of Panattoni. He adds that the current year could also be a very good one for the company: “At the end of 2021, we had over 30.1 million sq ft under construction, while the space already developed by Panattoni exceeded 110.9 million sq ft he says.

Panattoni’s largest transactions last year include: 1,571,530 sq ft for Zalando in Bydgoszcz, 1,130,210 sq ft for DHL Supply Chain and Zalando near Poznań, 882,640 sq ft in Gorzyczki, 839,585 sq ft for ID Logistics in Wrocław for the e-commerce sector and over 1,442,365 sq ft for LPP in two locations. The developer has also signed a dozen or so transactions with InPost and at the same time has entered new markets, including Głogów, Koluszki and Siedlce. “From this data, you can see that there have been tenants interested in each market. Of course, most contracts were for space in the so-called ‘Big Five’ locations, but there were also those attracted by emerging markets and Poland’s ‘West Wall’, which is becoming a new gateway to serve the German market. The size of the space leased also varied – from just 10,765 sq ft to almost 1.7 million sq ft,” explains Robert Dobrzycki.

On a wave of green transformation. 2021 was also an extremely effective period for Panattoni in terms of the challenges of sustainable development and the green transformation of the commercial real estate sector. All of the developer’s investments last year were notable for their minimal negative environmental impact, reduced CO2 emissions, reduced operating costs and the care taken for the wellbeing of the people working in them.

Last September, Panattoni upgraded its minimum BREEAM environmental certification level from ‘Very Good’ to ‘Excellent’ as it adopted a new standard for its projects. The developer’s deeper engagement in the green revolution yielded concrete results – the first such high ratings for industrial facilities in Poland were awarded to Panattoni Park Sosnowiec I and BTS Świebodzin, which comprises almost 2,152,782 sq ft of warehouse space. The total area of projects that received green certificates in 2021 was over 12.9 million sq ft. In total, Panattoni has now completed 109 facilities in Poland in line with its sustainable development programme. This amounts to a total of more than 38.75 million sq ft of certified space. Another 11.8 million sq ft is in the process of obtaining a BREEAM ‘Excellent’ rating – the highest possible in this sector in Poland, which guarantees that these projects are carried out in a manner thoroughly consistent with the principles of sustainable development.

Panattoni underway with 142,000 sq ft speculative logistics facility at Borehamwood

Panattoni underway with 142,000 sq ft speculative logistics facility at Borehamwood

Panattoni, the largest industrial real estate developer in Europe, has begun speculatively developing a 142,000 sq ft logistics facility at Panattoni Park Borehamwood.

The new facility, will complete the development of Panattoni Park Borehamwood on a 17-acre site which is located inside the M25, less than a mile from the A1 and 2 miles from junction 23 of the M25. This makes it a prime opportunity for occupiers looking at serving the London and South East market.

It is expected to be completed in the third quarter of this year.

The development will benefit from an extensive 48m yard, 13 dock doors, 6 level access doors, 94 car parking spaces and impressive 15m clear internal height. The unit will be built to a targeted BREEAM rating of ‘Very Good’ and an EPC rating of ‘A’ with many sustainable features such as EV van and car charging points, 15% roof lights, LED lights and rain water harvesting systems.

Buckingham Group Contracting has been appointed main contractor.

The first phase of development at the park comprised a pre-let, 36,000 sq ft facility for UK Power Network and a 159,000 sq ft facility, which is available for occupation.

Anthony Watkins, Development Director at Panattoni, said: “Panattoni Park Borehamwood is a fantastic location for an urban logistics occupier serving London and an excellent base for a national logistics operation requiring access to the south east”.

 

Letting agents are JLL and Cushman & Wakefield.

 

For more information please visit the website by clicking here

Fully automated warehouse for ViaPharma at Panattoni Park Prague Airport II Green Solutions:

BREEAM Outstanding at Panattoni Park Cheb, Czech Republic for Real Digital Green Solutions:

Fitting largest solar roof in the UK for M&S at EMDC​

Panattoni’s team developed the 900,000 sq ft solar array at the Marks & Spencer’s distribution centre in Derbyshire, making this the biggest in Europe at the time of installation. The array will generate over 5,000MWh of electricity per year and reduce the building’s carbon footprint by 48,000 tonnes over 20 years. The array provides almost 25% of the energy the distribution centre needs, making it nearly self-sufficient during daytime operations.

The Marks & Spencer distribution centre also has a solar wall that allows the building to passively regulate its own internal temperature, and the enabling work included 92,000 tonnes of concrete broken out and recycled on site.

These measures earned the building a carbon neutral certificate and BREEAM ‘Excellent’ accreditation.

Delivery of Energy Park in Kettering, UK

The extension to the existing Burton Wold Wind Farm involved the installation of nine GE 1.6MW turbines, the most efficient available when commissioned, to create a new 14.4MW wind farm at the site.

The wind farm saves an average of 12,831 tonnes of CO2 each year. In its remaining 15 years of life it is expected to save another 201,000 tonnes of CO2.

As part of this project, leading members of the team also designed a prototype for local energy generation that linked renewable energy technologies, local businesses and the local community in a virtuous circle of production and consumption.

Melissa Berry

Finance Assistant

Melissa works within the Finance and Accounts department at Panattoni in the UK. Her responsibilities range from facilitating payments for the development projects in the UK, assisting with accounting activities of all invoice reports and expenses from the UK teams. Prior to joining Panattoni, Melissa achieved a First Class BA Honours from Queen Mary University of London in History as well as a Masters in Law.

Faye Burrows

London Business Support

Faye works within Panattoni’s London Business Support team, where her role revolves around a robust administrative skill set. She ensures consistent organisation within the London office and team. Faye’s great attention to detail, contributes to the smooth operation of day-to-day activities, maintaining a well-ordered and efficient work environment. As well as this she consistently manages corporate schedules and coordinating essential tasks for all areas of the Panattoni team.

Jordan Madden-Nadeau

Financial Accountant

Jordan serves as a Financial Accountant for Panattoni. He is responsible for the accounting operations within the UK and for its projects, with a particular emphasis on ensuring tax compliance and facilitating with the audit process. A qualified member of the Association of Chartered Certified Accountants (ACCA), he brings over five years of experience in the property industry to his role. 

Grace Dignum

London Business Support

Grace works within Panattoni’s London Business Support team and plays a pivotal role in ensuring the company’s seamless operations.
Working closely with the team, she contributes to the efficient functioning of the London office while offering administrative support to various members of the business. Grace also works alongside the marketing team, where her specific function involves assisting in various UK events and marketing initiatives. 

Lydia Room

Marketing Associate

Lydia works within the marketing team as a Marketing Associate. Lydia is responsible for assisting the formulation of both corporate and scheme related material for Panattoni in the UK, alongside working with Francesca on the implementation of new marketing strategies. Lydia has a first class degree in Marketing & Communications along with a strong background expertise and practice in graphic design.

Harriet Wing

Marketing & Events Manager

Harriet is the Marketing and Events Manager at Panattoni, she is responsible for co-ordinating all events at Panattoni UK. Harriet’s impeccable organisation skills are integral to making all Panattoni events as seamless as possible. Harriet works very closely with the marketing team overseeing the consistency of Panattoni’s core values and brand positioning and that they are upheld throughout Panattoni’s messaging.

Francesca Linnitt

Head of UK Marketing

Francesca is Head of Marketing for Panattoni in the UK and is responsible for developing the corporate profile and executing marketing strategies for all the UK projects. Francesca’s role includes managing the external communications for Panattoni and bringing new and innovative marketing ideas to fruition. Francesca works closely with the Panattoni European marketing team to ensure a seamless brand across Europe and has brought many new ideas into the business.

Josh Butler

Senior Project Manager

Josh is an experienced project manager at Panattoni with over 15 years’ experience in the industry, he has delivered large scale speculative and build to suit projects across the whole of the UK. Josh has been heavily involved in large site remediation schemes over the course of his career and is from an engineering background. Josh has an extensive knowledge and expertise’s of onsite delivery.

Stephen Vickers

Commercial Delivery Director

Stephen manages the commercial delivery of our developments on a national basis and works within the project management team to deliver the high complex construction projects. He has spent more than 30 years in the industrial and logistics sectors, delivering a wide range of developments in the UK and Europe. He also has a vast knowledge of delivering sustainably accredited facilities, working with BREEAM, ESG, Net Zero and GRESB frameworks.

Owen Follett

Project Delivery Director

Owen has an impressive track record in the delivery of large scale build-to-suit projects with a particular emphasis on the delivery of industrial facilities for global automotive, aerospace and e-commerce occupiers. He has been responsible for the development of over 20m sq ft of new build industrial space in the UK and internationally. Projects include new automotive plants, aerospace manufacturing facilities, research and development centres and multi-modal logistics developments. Owen now works with the development team on a national basis in the delivery of highly complex construction and infrastructure projects.

Mark Powell

Project Delivery Director

Mark is a highly experienced delivery Director with over 20 years-experience in the industry, he has delivered both speculative and build-to-suit projects for a broad cross section of clients, ranging from aviation to manufacturing. Mark is capable of quickly assessing projects and implementing strategies to ensure all aspects of the scheme are delivered to exacting standards. A Fellow of The Chartered Institute of Building, Mark can deliver the most complex and challenging schemes.

Peter Carter-Wall

Construction Director

Peter is in charge of the on-site delivery and quality control of all construction projects at Panattoni. Peter has over 20 years experience in the project management sector and now specialises in the delivery of large-scale industrial buildings, site infrastructure & remediation. Peter has worked with the management team for over 10 years and is highly regarded in the market, with a reputation for his meticulous and diligent approach to construction management.

Simon Willgress

Project Delivery Director

Simon is an experienced member of the Panattoni project management team, and has extensive client side experience in the logistics sector, having spent 13 years working within leading FTSE 100 companies. Simon is responsible for all the technical due diligence and implementation of the development programme on his projects and brings highly valuable experience of automated warehouse developments. Simon is particularly interested in low carbon design development.

Ian Anderson

Head of Project Management

Ian is a highly regarded and experienced Head of Project Management, with responsibility for procuring Panattoni’s land acquisition, build-to-suit and speculative build programme. Ian combines his practical and commercial approach, with a keen eye for detail, ensuring that all projects are delivered to the highest standard. Ian has particular expertise in the negotiation and contract tender for large scale industrial buildings, with a background in structural engineering. In the last 18 years, Ian has gained considerable experience and market knowledge in the industry.

Tanya Thewlis

Capital Markets Business Manager

Tanya is responsible for providing operational support to the Capital Markets team in the UK. Tanya assists with the formulation of capital and financing solutions and helps to maintain investor relationships. Tanya has 20 years in operational support which offers a wide skill set that allows her to assist the capital markets team in smooth operations and client management.

Tom Watkins

UK Capital Markets

Tom is an integral part of the UK Capital Markets team and works closely with Nick Cripps, providing financial assistance and analysis. At Panattoni Tom’s role includes the preparation of financial appraisals for acquisitions, preparing investment documents for Panattoni’s capital partners and consolidating Investment Committee Reports for Panattoni’s internal approval process. Tom is a member of the Royal Institute of Chartered Surveyors (MRICS).

Oliver Winchcombe

Head of Portfolio Management and ESG

Oliver manages the property and asset management of the UK portfolio, working closely with the project management and finance teams. He is an experienced property manager, having spent many years with specialist property management consultancy firms, and working on behalf of large institutional funds. He is also a member of the Royal Institution of Chartered Surveyors (MRICS).

Indy Gill

Financial Controller

Indy is the Financial Controller for Panattoni in the UK. He is responsible for the accounting activities of Panattoni and its development projects in the UK, with a focus on consulting with external auditors and tax advisors. Indy is a member of the Association of Chartered Certified Accountants (ACCA) with many years of experience in the property industry.

Scott Meakin

Development Surveyor
North West & Yorkshire

Scott is a development surveyor in the North West and Yorkshire development team. Scott has over 5 years’ experience in commercial property. He started his career in real estate consultancy where he qualified as a Chartered Surveyor. More recently, Scott has been involved in the delivery of large-scale industrial & logistics developments across the UK. Scott’s focus will be to support with the acquisition of new sites and help deliver new projects.

Ethan Greene

Development Manager
Southern England & London

Ethan is a Development Manager at Panattoni and works in the Southern England & London development team, helping to expand the business in the region. Ethan’s primary focus is to support with the acquisition of new sites and help to deliver new build development projects. Prior to Panattoni, Ethan studied Business and Economics at Trinity College Dublin, Ireland, where he graduated with a First Class Honours degree.

Alex Mitchell

Development Manager
South East & London

Alex’s role at Panattoni is to deliver new build development projects and assist in the leasing of existing speculative development. Alex is focused on London and the South East region, and works closely with Anthony Watkins in supporting the national team to expand the business. Prior to Panattoni, Alex worked for Lambert Smith Hampton as a Chartered Surveyor advising a number of blue-chip occupiers on their nationwide acquisition and build-to-suit programme.

David McGougan

Development Director
South East

David has over 17 years’ experience in customer-centric, high-quality industrial and logistics development. David is responsible for the growth of both speculative and build-to-suit developments in the South East. David has a vast knowledge of the market and has a track record of delivering over £270 million of build-to-suit and speculative developments.

Gregg Titley

Head of Development
East and West Midlands

Gregg heads the development growth strategy in the East and West Midlands region. Gregg has more than 25 years’ experience in delivering projects for blue-chip customers on both speculative and build-to-suit basis. Gregg has specialised in large-scale delivery of bespoke and sustainable development facilities.

Andrew Preston

Head of Development
North Midlands & Yorkshire

Andrew has over 15 years experience in the industrial real estate market. Andrew’s role at Panattoni is to accelerate the land acquisition programme for speculative development across the wider Midlands and Yorkshire region. Andrew has a broad breadth of experience in the commercial property sector, with a detailed knowledge of the leasing and development process and is currently responsible for some of the UK’s largest speculative development projects.

Daniel Burn

Head of Development
North West & Yorkshire

Dan leads Panattoni’s Northern office, based in Central Manchester. Dan is responsible for accelerating the company’s land purchase, build-to-suit and spec build programme across both the North West and Yorkshire Region. With 20 years transactional experience, Dan is well recognised within the market, having been involved in many of the UK’s pre-eminent industrial & logistics schemes. Since working in the sector, Dan has gained a reputation for his approachable, pragmatic and customer focused approach to business.

James Watson

Head of Development
Southern England & London

James has 15 years experience in the property market and is responsible for expanding the business in the South East region. James’s role at Panattoni is to originate and deliver both large scale speculative and build-to-suit projects. In the last three years, James has delivered over £350 million of new build projects, including some of the largest logistics build-to-suit projects in the market.

Tony Watkins

Head of Development
South East & London

Tony is responsible for expanding the company’s land and speculative build platform in the South East. Tony specialises in the execution and delivery of major industrial schemes. Tony is highly accomplished in a variety of surveying sectors, with over 25 years experience. Prior to joining the Team, Tony has held senior positions in the clean-tech and waste management industry, having previously been CEO for a bio-fuels and waste-to-energy and renewable energy business.

Nick Cripps

Head of UK Capital Markets
Director Capital Markets Europe

Nick is responsible for heading up the Capital Markets team in the UK, with responsibility for the capitalisation of projects across the UK and Europe. He forms part of the Global Capital Markets network and works closely with Panattoni’s European operating platform helping originate and structure capital solutions and manage global and Pan-European investor relationships.

Oliver Choppin

Finance Director

Oliver is the Finance Director for Panattoni in the UK, overseeing the company’s financial strategies and is responsible for all financial aspects of the UK business including structuring, debt finance, deploying capital allocations, he also works closely with Panattoni’s European finance platform. Oliver has a wealth of experience in real estate finance having spent over 20 years in various treasury and accounting roles and been involved in over £7 billion of financing deals in both public and private debt markets. He is a fellow of the Association of Chartered Certified Accountants (FCCA).

Oliver Bertram

Head of National Development

Oliver is Head of National Development for Panattoni in the UK and is responsible for the national transactional platform in the UK. Oliver is recognised within the sector as a market specialist and is known for his personable approach to business and has earned a reputation for his commitment to customer service. Oliver has completed a number of significant industrial and logistics development projects across the UK.

Fergie Taylor

Head of Development Delivery

Fergie is responsible for managing the Panattoni UK delivery platform and has been instrumental in both establishing and guiding the Panattoni supply chain and project management team. With over 30 years of experience in the logistics sector, Fergie is recognised as one of the leading delivery directors in the market, with a keen interest in both low carbon design and sustainable development. Fergie has an unparalleled track record in the delivery of major industrial facilities and has procured an extensive range of new build logistics space for a variety of blue-chip customers.

Matthew Byrom

Managing Director UK

Matthew is Managing Director of Panattoni, representing the UK on both the European and Global Investment Committees that guide the strategies and day to day operations of the business. He also leads in the identification of new business opportunities and company investment. Since forming First Industrial in 2009, which merged with Panattoni in 2017, Matthew has continued to build on his reputation for the delivery of major development projects in the UK while continuing to grow the business.

Sara Lewis

UK Business Support

Sara works within Panattoni’s Business Support team. With over 10 years’ experience at Panattoni, Sara supports the Executive Team with the day-to-day operations of the business. Sara has developed her skill set to assist across the wider Panattoni business throughout the UK.

panattoni_wind_turbine

Delivery of Energy Park in Kettering, UK

The extension to the existing Burton Wold Wind Farm involved the installation of nine GE 1.6MW turbines, the most efficient available when commissioned, to create a new 14.4MW wind farm at the site.

The wind farm saves an average of 12,831 tonnes of CO2 each year. In its remaining 15 years of life it is expected to save another 201,000 tonnes of CO2.

As part of this project, leading members of the team also designed a prototype for local energy generation that linked renewable energy technologies, local businesses and the local community in a virtuous circle of production and consumption.

Fitting largest solar roof in the UK for M&S at EMDC​

Panattoni’s team developed the 900,000 sq ft solar array at the Marks & Spencer’s distribution centre in Derbyshire, making this the biggest in Europe at the time of installation. The array will generate over 5,000MWh of electricity per year and reduce the building’s carbon footprint by 48,000 tonnes over 20 years. The array provides almost 25% of the energy the distribution centre needs, making it nearly self-sufficient during daytime operations.

The Marks & Spencer distribution centre also has a solar wall that allows the building to passively regulate its own internal temperature, and the enabling work included 92,000 tonnes of concrete broken out and recycled on site.

These measures earned the building a carbon neutral certificate and BREEAM ‘Excellent’ accreditation.