Panattoni enters the French market

European industrial real estate market leader Panattoni is continuing its expansion across the European market with the opening of an office in Paris. Salvi Cals has been appointed Managing Director of the French branch.

Following its successful ventures in Germany, the United Kingdom, Netherlands, Poland, Spain, Hungary, the Czech Republic, and Slovakia, Panattoni has decided to expand into another market. Its latest destination is France – a dynamic and strategic market for investors and one where the end-customer demand is high. In the first half of 2021, take-up in French logistics real estate reached 1.7 million sqm. 

“France represents an essential market for our customers. Located in the heart of Western Europe, it is the gateway to many of the European countries in which we are already present as well as markets that we wish to expand into. The services offered by its port, airport, and road infrastructure are a key differentiator for the country,” Robert Dobrzycki, the Chief Executive Officer of Panattoni Europe, explained.

“Our customers operate in many European markets. In each of these, we want to offer them the best possible conditions to work in, by supplying them with first-class logistics platforms and production space,” Robert Dobrzycki insisted.

The French arm of Panattoni will be led by Salvi Cals, who has been appointed Managing Director. 

“Panattoni provides me with the opportunity to offer our customers and partners a wide range of services. The strength of Panattoni’s global platform enables the French team to move quickly and develop a diversity of assets, of all sizes and in all French regions where the supply can be limited,” Salvi Cals, Panattoni’s Managing Director for France, said.

(WBJ)