Panattoni Spec Development secures tenant in Basildon

panattoelement on October 29, 2020

Panattoni starts third speculative logistics development on south coast this year

Panattoni, the largest developer in Europe, has agreed a 15-year lease with Swan Housing Association one of the UK’s leading modular home builders for its speculative development in Basildon. Swan will make the unit, named Basildon 117, its new headquarters in addition to its existing, adjacent factory.

Swan is a leading association and has provided high-quality, affordable homes to rent and buy since 1994. Today, it manages over 11,000 residential properties across Essex and East London and has 8,000 more secured in its development pipeline. The organisation aims to deliver an additional 10,000 homes by 2027. In 2020 Swan Housing was recognised to be in the Top 10 housing associations in the UK.

Swan will use the new warehouse, through its NU living development subsidiary, to manufacture light gauge steel modular housing and will operate Unit 117 alongside Swan’s existing Cross Laminated Timber volumetric system delivered in its existing factory. Through this expanded capacity, NU living will eventually be capable of delivering over 1,000 modular homes each year.

 Basildon 117 is strategically located in the heart of the Thames Gateway, a key industrial area in the south east, close to the M25 motorway.

James Watson, Development Director for Panattoni, said: “It’s hugely promising to see Swan occupying this development on a long-term basis to support the growth of their company. The scheme is the largest to have been delivered in Basildon for over 10 years and will now give the organisation the space it needs to deliver on its targets. We’re proud to support an essential service and delighted to welcome Swan as a Panattoni customer.”

Matthew Byrom, Managing Director for Panattoni, added: “The speed at which this building was let confirms our strategy to build speculatively. We’re delighted to grow the business’s footprint in the London region and will continue to look for similar opportunities.”

Geoff Pearce, Deputy Chief Executive of Swan HA said: “Panattoni’s new facility is a key strategic move which will allow Swan to expand its production and meet key long-term housing delivery targets not just for Swan but also for its strategic and local authority partners. This is vital in a time when, having somewhere to feel at home, has never been more important.  Basildon 117’s location opposite our existing factory, makes it an ideal location from which to continue to expand our offsite capability to include a steel framed approach and to increase the use of pre-manufacturing and componentisation.

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Construction Progressing as Steel Frame Complete at Panattoni’s Landmark Northern Site

panattoelement on October 27, 2020

Construction Progressing as Steel Frame Complete at Panattoni's Landmark Northern Site

Significant progress is being made at Panattoni’s Wakefield515 site, where steel is already up on the largest speculative development in the north for 10 years.

Caddick Construction, Panattoni’s build partner for the landmark Yorkshire project, is on site to progress the 512,850 sq ft warehouse. The steel framework is now fully formed and cladding being added.

The warehouse facility located at the M62 and A1(M) junction will serve as a key strategic hub for future occupiers, offering access to major cities and ports across the north of England. Manchester, Liverpool, Leeds and the port of Immingham are all within a 90-minute drive of the facility. Up to 500 full-time jobs and £5.5 million will be brought into the local economy as an immediate result of Wakefield515’s construction, due to be completed by the end of Q2 2021.

Wakefield515 is designed to offer maximum flexibility for logistics and distribution businesses. The cross-docked warehouse will provide occupiers with generous yards of up to 100m and will incorporate sustainable features, such as rainwater harvesting systems, a PV ready roof and LED motion sensor lighting. The building will be built to a BREEAM rating of ‘Very Good’ and EPC rating of ‘A’.

Andy Preston, Development Manager for the project, said: “We are pleased to see such good progress on this important development. Wakefield515 will not only meet demand for large warehouse facilities along the M62 corridor but also contribute to economic development in the north. Construction work will provide an immediate boost for the area but the building’s benefits will be felt long after this phase is complete. We look forward to seeing it take shape.”

Chris Wilson, Commercial Development Director at Caddick Construction, said: “It’s exciting to see construction now well underway in Wakefield in such challenging circumstances. Caddick is proud to be working with Panattoni on this landmark project that brings immediate job opportunities and real economic benefits to the region.”

To view progress please visit www.wakefield515.com or visit https://vimeo.com/panattoniuk

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Green Light for Panattoni in Slough

panattoelement on September 25, 2020

Green Light for Panattoni in Slough

Panattoni, the largest developer in Europe, has been granted permission to build up to 1,000 new homes and 769,996 sq ft of commercial floorspace at the former AkzoNobel site in Slough town centre.

The development, which will see £217 million invested during construction, will fulfil Slough Borough Council’s long-held aspiration to regenerate the partially vacant industrial plot. Commercial floorspace has been approved for general industrial use, storage, distribution and data centre purposes, while 25% of the homes are designated for affordable ownership.

Panattoni’s plan at the site, which was most recently used as a paint manufacturing facility, will include environmental remediation ahead of construction. This will not only ensure the scheme is safe for residents and employees but also limit the need to bring forward other local greenfield sites for development. Planning and development consultancy Turley is also working alongside Panattoni to deliver additional services at the scheme, including economics, development viability, landscape and VIA, EIA, strategic communications and sustainability services.

Once complete, the build will give Slough a commercial facility fit for 21st century business needs and stimulate economic growth by generating local employment opportunities. Close proximity to the town centre will minimise the need for travel, both by private car and public transport, providing residents and occupiers with immediate access to neighbouring services and facilities. Importantly, the development will help Slough Borough Council to meet its corporate policy objectives, including local housing targets.

Tony Watkins, Development Director for Panattoni, commented: “We are delighted to have been granted permission to build in Slough. We have worked closely with Slough Council on this proposal, which will bring opportunity and regeneration to an area that has been unused for some time. The inclusion of new homes will also provide much-needed accommodation in a sustainable location for people living and working in the town. We will now work closely with our delivery team and the local authority to move the project forward.”

Sara Dutfield, Director at Turley, said: ““The granting of this planning permission is great news for Slough. Panattoni’s proactive approach to working with the council has resulted in the delivery not only of replacement employment following the relocation of Akzo Nobel’s manufacturing activities, which is of paramount importance in the current economic climate, but also 1,000 new homes in an area where they are much needed. The environmental improvements, including the decontamination of the site, will be beneficial to both the site itself and to the wider area.”

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£180m redevelopment plans submitted for Aylesford Newsprint site

panattoelement on September 25, 2020

£180m redevelopment plans submitted for Aylesford Newsprint site

The prospect of more than 3,000 new jobs and significant local road improvements has moved an important step forward after the owners of the former Aylesford Newsprint site submitted a planning application for its redevelopment.

After consulting with the local community, Panattoni, Europe’s largest privately-owned industrial developer, has finalised its plans which include investing in a £6 million new link road connecting Bellingham Way and Station Road to enhance the local transport network.

The proposed link road to be completed before the industrial units, will improve the distribution of traffic at junctions 4 and 5 of the M20 and deliver an overall reduction in congestion.

A weight limit will also ensure that all HGVs entering and exiting the Aylesford Newsprint site – to be renamed Panattoni Park Aylesford – will travel along Bellingham Way to Junction 4 via Leybourne Way.

It is proposed that Bellingham Way will become a public highway and be adopted by Kent County Council, a move supported by Tonbridge & Malling Borough Council.

To further improve the local transport network, Panattoni is working with bus operator Arriva, and proposing to invest in connecting the existing route with Maidstone town centre via the site. A service, supported by Panattoni for five years until it becomes financially viable, will operate every 30 minutes, matching it with shift patterns and flexible working arrangements.

The team at Panattoni is also working closely with Tonbridge & Malling Borough Council and Kent County Council to ensure cycling to work at Panattoni Park is an attractive option. Electric bike stations are proposed subject to third-party agreement at Aylesford train station, the local superstore and Leybourne Lakes Country Park to help people get to and from work, and also promote wellbeing and fitness for staff.

The 90-acre brownfield site has been vacant since 2015 and the proposal is to invest £180m in the design and build of seven industrial buildings offering in the region of 177,000 sqm of new commercial floorspace, the new link road and landscaping.

Tony Watkins, Development Director at Panattoni, said: “When fully occupied in 2024 the site will deliver more than £162m per annum of economic value (Gross Value Added) to the Borough of Tonbridge & Malling, and Kent as a whole, by supporting 3,000 industrial, logistics, distribution and manufacturing jobs, and a further 2,560 indirect jobs.

“With one billion pounds of development projects across the UK we are working with many of the world’s leading companies. We are confident that Panattoni Park will meet these companies’ needs and also provide buildings to support the growth of local companies constrained by the lack of facilities.”

The Covid-19 pandemic has changed the way that many large multinational companies are now looking to operate.

Tony Watkins added: “We have seen a dramatic increase in companies looking for buildings that can simultaneously support their online as well as physical high street presence. Our proposals, consistent with Tonbridge & Malling Borough Council’s economic ambitions, come at the right time as the country considers how to restart, renew and build in economic resilience.

“We have consulted widely with the local community, writing to over 20,000 local homes asking residents to provide feedback. People could view the proposals online and our project website received over 10,000 views in just two weeks with over 150 residents providing comments on how best to improve the scheme.

“Our conversations with local stakeholders and organisations, such as Locate in Kent, have been positive. As a result we have refined our application including extending the bus route, improving offsite cycle and footpath connectivity, as well as protecting and enhancing the biodiversity following consultation.”

Consistent with Panattoni’s approach adopted at its other sites, the proposals include the use of Low or Zero Carbon technologies to reduce energy demand and associated CO2 emissions. The measures adopted – such as solar panels, air source heat pumps and LED lighting – will reduce energy consumption and associated CO2 emissions by at least 10 per cent.

Gavin Cleary, CEO at Locate in Kent, said: “It’s fantastic news for Kent to see Panattoni’s redevelopment plans for the Aylesford Newsprint site submitted. This shows a step in the right direction as many businesses in the county begin to rebuild and grow for the future.

“This project could make a significant impact in the region in terms of job creation and economic growth alongside travel and infrastructure enhancements. As we move forward for Kent, it is positive to see confidence in the region as an excellent investment and business location.”

If the planning application is approved by Tonbridge & Malling Borough Council, it is hoped that construction will begin in 2021, with first occupation expected spring 2022 and completion of the development by 2024.

To find out more about the proposals visit www.PanattoniParkAylesford.co.uk or www.TMBC.gov.uk and search for application reference: 20/01820/OAEA. Residents without internet access can call 0207 592 9592 to request more information.

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Panattoni Powers Ahead in Yorkshire

panattoelement on July 13, 2020

Panattoni Powers Ahead in Yorkshire

Panattoni, Europe’s largest industrial developer, has now broken ground on a new 515,000 sq. ft speculative development in Yorkshire. The development, Wakefield515, is in partnership with AEW and is set to be the largest speculative warehouse under construction in the North of the UK. Wakefield515 signifies one of the sectors’ largest commitments since the emergence of the Covid-19 Global Pandemic and re-enforces Panattoni’s continued appetite for the UK. The unit is anticipated to be ready for occupation in Q2 2021.

Wakefield515 is located adjacent to TK Maxx Regional Distribution Centre on the strategically important junction of the M62 and A1(M), providing direct access to major cities and ports such as Manchester, Liverpool, Leeds and Immingham. Panattoni will support up to 500 full-time jobs and introduce £5.5million into the local economy through employment alone as a result of the construction of Wakefield515 warehouse.

The new facility is built to offer maximum flexibility to any potential occupier, for industrial, logistics, distribution and manufacturing uses. The cross-docked warehouse will benefit from generous yards of up to 100m and will incorporate sustainable features including rainwater harvesting systems, use of energy efficient materials, PV ready roof and LED motion sensor lighting. The building will be built to a BREEAM rating of ‘Very Good’ and EPC rating of ‘A’.

Andy Preston, Development Manager at Panattoni, said: “There is a lack of supply of large warehouse facilities along the M62 corridor, and despite tougher economic conditions as a result of the on-going Pandemic, e-commerce remains strong and we believe that the new development of Wakefield515 will attract a high level of demand.” Cllr Darren Byford, Wakefield Council’s Cabinet Member for Economic Growth and Regeneration, said: “We are delighted that planning consent has been granted for Panattoni to begin this construction which will bring further employment and skilled roles to our district. Panattoni have a pedigree in securing investment from some excellent brands and I am looking forward to welcoming such employers to our district.

Wakefield515 is a great site with excellent access to the motorway network, perfect for attracting skilled workers from the local area. We welcome the investment into the area and look forward to seeing local workers benefit from future employment opportunities.” Mike Haigh of Dove Haigh Phillips based in Leeds said: “Speculative development of large distribution units in Yorkshire have been scarce over recent years while demand has taken-up all existing supply. The pipeline of new development remains thin so Wakefield515 will be a key addition to the Yorkshire market.”

Richard Harris from JLL commented “The logistics sector in the UK has bucked a lot of trends in recent years as demand, particularly from online retailers has remained high. The growth of online shopping has only accelerated during the COVID-19 crisis and is fuelling demand for flexible space in the right location. Yorkshire – and Wakefield515 – is perfectly positioned to offer access to key markets.”

Matthew Byrom, Managing Director at Panattoni commented “This project demonstrates Panattoni’s utmost confidence in the continued strength of the UK market and underscores our strategy of building speculatively in all key markets to capture the acceleration of e-commerce and the upsurge in movement into on-line retail by many of our customers.”

All enquiries regarding Panattoni’s new development Wakefield515 should be directed to the joint agents on the scheme; Dove Haigh Phillips and JLL.

Dove Haigh Phillips – Mike Haigh mike.haigh@dhp.org.uk
JLL – Rich Harris rich.harris@eu.jll.com

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Panattoni unveil new plans for Panattoni Park Aylesford and launch public consultation

panattoelement on July 7, 2020

Panattoni unveil new plans for Panattoni Park Aylesford and launch public consultation

On Monday 6th July, Panattoni announced their redevelopment plans for former Aylesford Newsprint site in Kent.

The 90-acre brownfield site has been vacant since 2015 when Aylesford Newsprint closed bringing a 90 year history of papermaking on the banks of the River Medway to an end. At its peak the site, employed more than 1,000 people.

Panattoni’s redevelopment plans promise to give a new lease of life to this redundant brownfield site and create 3,000 jobs for the local area. The proposal is to design and build seven industrial buildings offering in the region of 177,000 sqm of new commercial floorspace. The proposal embraces environmental sustainability, including using energy efficient materials, efficient LED lighting and electric vehicle charging points.

It will deliver more than £140m per annum of economic value to the Borough of Tonbridge & Malling, and Kent as a whole, by attracting some of the world’s leading companies to the site as well as providing buildings to support the growth of local companies constrained by the lack of facilities

Panattoni will submit a planning application to Tonbridge and Malling Borough Council later in the summer. If approved, Panattoni anticipates construction will begin in 2021, with first occupation expected spring 2022 and completion of the development by 2024.

If you want to find out more or if you live in the local area and want to comment on the proposals, please visit www.PanattoniParkAylesford.co.uk.

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Panattoni reach 100 million at the age of 15

panattoelement on June 4, 2020

Panattoni reach 100 million at the age of 15

Panattoni, market leader in industrial real estate in Europe, celebrates 15 years in business. Since its establishment in 2005, the company has delivered more than 100 million sq ft. It is present in the most strategic countries for logistics and industry – Germany, the United Kingdom, where it is recognised as the most active developer, as well as the Czech Republic and Slovakia, and now also in the Netherlands, Spain and Portugal.

 

PRECISION / INNOVATION / SPEED / FLEXIBILITY / VISION / INTEGRITY / ON-TIME. Championing these qualities, Panattoni celebrates 15 years’ experience in the market. The company is the European arm of Panattoni Development Company, one of the largest industrial developers in the world. European operations were launched in 2005, when the company opened its Warsaw office, led by Robert Dobrzycki, now Panattoni’s CEO: During this time we have become number one industrial developer, delivering in excess of 100 million sq ft of space to the markets of Poland, Germany, United Kingdom, Czech Republic and Slovakia. Our standing is confirmed in numerous industry rankings. This year, Panattoni for the fourth time in a row claimed the top rank in the PropertyEU list of the biggest developers in Europe, leaving the others well behind in terms of both the space delivered (67.9 million sq ft in 2017-2019) and ambitious plans. The latter are tied not only to the future growth in the e-commerce segment, where Panattoni is the leader, but also to expansion into other countries. Over the past few months, our company announced the launch of operations in the Netherlands, an d then Spain and Portugal – new strategic markets in Europe” – says Robert Dobrzycki.

Go Earthwise with Panattoni – all over Europe, BREEAM/LEED/DGNB certificates have been awarded to projects totalling 23.7 million sq ft, and an additional 27 million sq ft are pending certification. The developer implements concepts of sustainable development and creates a new standard for its warehouses in Europe, minimising the impact of new projects on the natural environment. The coherent strategy encompasses modern facades with fully glazed office sections, enhanced insulation in roofs and walls, as well as building airtightness, which enables Panattoni to reduce emissions of exhaust gases and carbon dioxide and make up to 20 per cent energy savings in heating the facility. Additionally, all newly built projects are provided with numerous modern systems, including automated electric energy management, minimising water consumption, not to mention the long-standing practice of LED lighting as standard and mandatory BREEAM certification, now at a Very Good rating.

Achieving the impossible at 15 – talent alone is not enough. It takes: precision, innovation, speed, flexibility, vision, integrity and timeliness. These qualities embraced by Panattoni and, even more importantly, by its specialist team, have enabled the company to get where it is today in the international arena. They are also true of the developer’s “peers” – 15-year-old champions in their respective disciplines, invited by Panattoni to front the marketing campaign marking the anniversary. The film made for the occasion features: Zuzanna Bączyk (archery), Dominik Jastrząb (billiards), Tymon Kolasiński (3×3 Rubik’s cube), Antek Korzec (breakdance), Patrycja Najda (freestyle slalom skating), Alicja Dobrołęcka (rhythmic gymnastics), Julia Augustyn (wushu). Entering the world of illusion, the company shows the changing conditions in a very dynamic market – faced by the protagonists of the scenes, as much as the company itself – and also the profound need for cooperation. A concerted effort drives success and makes the impossible possible, with scattered puzzle pieces fitting perfectly together to form a an integrated, working entity.

 

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Panattoni’s colouring competition winners announced

panattoelement on June 4, 2020

Panattoni’s colouring competition winners announced

Well done and thank you to everyone that took part in our colouring competition, we had a lot of amazing masterpieces to pick from.

Panattoni recently launched a colouring competition to our followers on LinkedIn and in our fortnightly Newsletter. Entrants were able to pick from a selection of pictures of Panattoni’s speculative development from around the United Kingdom looking for the most colourful and creative entries to win.

Panattoni picked a selection of warehouses to feature in the competition such as Panattoni Park Luton: 346,132 sq ft, EMDC 525: 523,404 sq ft, Basildon 117: 117,000 sq ft, Derby 370: 370,991 sq ft, Wolverhampton 450: 448,089 sq ft and Panattoni Park Nottingham: 89,073 sq ft.

The winners of competition are:

Warren in the 0 – 4 age category who won with his coloured picture of Basildon 117.

Milly in the 5 – 6 age category who won with her coloured picture of Panattoni Park Luton.

Anna in the 7 – 10 age category who won with her coloured picture of Wolverhampton 450.

George in the 11 – 15 age category who won with his coloured picture of EMDC 525.

Ophelia in the 16 + age category who won with her coloured picture of Derby 370.

A big thank you to everyone that entered, keep an eye out on Panattoni’s LinkedIn page for more chances to win with #panattonicompetition !

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Huge progress shown on Phase 1 speculative development at Panattoni Park Borehamwood since recent demolition of previous Sainsburys unit

panattoelement on May 29, 2020

Huge progress shown on Phase 1 speculative development at Panattoni Park Borehamwood since recent demolition of previous Sainsburys unit

Panattoni is close to completing pre-let warehouse for UK Power Network at Panattoni Park Borehamwood along with the speculative development for phase one of the scheme which is progressing well

The speculative development is a 155,000 sq ft building that offers real flexibility. It can be let as one or sub-divided to create two units, one of 50,000 sq ft and one of over 100,000 sq ft. The pre-let to UK Power Network is a 36,000 sq ft building. Construction on this is ongoing and cladding will start this week.

Anthony Watkins, the Development Director, commented, “It’s always exciting when you see progress on site and the steels emerging, and we’re especially pleased to be continuing with the development in these unprecedented times. The prime location enables direct access to London and surrounding markets. What makes Panattoni Park Borehamwood such a great opportunity is that it is a London scheme but outside Greater London Authority control. This enables us to offer considerable benefits to our potential occupiers, including additional internal height and 24 hour access. It is also outside the Low Emission Zone and the London Lorry Control Scheme.”

Panattoni is due to complete the construction in Q4 2020.

To view the latest progress on site recorded in May 2020 please click here.

All enquiries regarding Panattoni Park should be directed to the scheme’s agents, JLL and Cushman & Wakefield.

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Panattoni is the largest logistics developer in Europe for the 4th year in a row

panattoelement on May 15, 2020

It’s the fourth year in a row when Panattoni ranks first among the Top Logistics Developers by PropertyEU magazine. Between 2017-2019, the company delivered 67,956,624 sq ft of industrial floor space – more than twice as much as number two in the ranking. Panattoni’s plans for the upcoming three years are even more ambitious, and that will be possible thanks to the acceleration of projects targeted at Internet sales, as well as the ongoing strategy of the developer’s expansion in Europe.

Panattoni firmly ahead of the competition. The European branch of Panattoni Development Company listed as the Top Logistics Developer by PropertyEU magazine for the fourth time in a row! Each year, PropertyEU magazine publishes a list of 10 largest property developers, based on the volume of floor space delivered to the market. 14 developers took part in this year’s ranking, and it covered the period 2017-2019. Panattoni has been acknowledged as the largest property developer in Europe with delivery of over 67.9 million sq ft of completed floor space in Poland, Czechia, Germany and the UK, more than twice overtaking the second player in the ranking. Similarly as in the last year, one-third of the property developments are projects targeted at and selected by the e-commerce sector, and one-fourth represent highly advanced manufacturing facilities.

And even more will come. For the years 2020 – 2021, Panattoni intends to break its own record by multiplying the floor space delivered in the last three years. As commented Robert Dobrzycki, Chief Executive Officer Europe, Panattoni: “They will be driven by online commerce projects in Poland, Czechia, Slovakia, Germany and the United Kingdom, as well as in two new markets opened in the last six months – the Netherlands and Spain, in which we have just announced work on the first investment – Panattoni Park Madrid East” and he also says: “In order to execute the plans, as well as to take advantage of the unprecedented growth in online sales, Panattoni is expanding its team that will focus on e-commerce across all Europe”.

To read the full report, click here.