Latest news with #Panattoni
Zawya
22-06-2025
- Business
- Zawya
Markaz exited over $100mln of industrial real estate projects in the US and Europe over the past few months
Kuwait: Kuwait Financial Centre "Markaz" has announced the recent exit of several industrial real estate projects in the United States and Europe over the past few months. Executed by its International Real Estate team, in partnership with global players like Panattoni and Scannell Properties, the transactions marked successful exits across key global markets, reinforcing Markaz's position as a trusted investment partner and a prominent leader in the international real estate sector. Collectively, these projects represent over USD 100 million in asset value and reflect Markaz's extensive experience in structuring real estate investments across both development and credit strategies. The exited projects include industrial developments in Europe and the US, and a mezzanine financing investment for an Industrial Portfolio with Scannell Properties in the US. Each investment was selected and executed following rigorous research and market analysis, guided by macroeconomic trends and local market dynamics, with a strong emphasis on safeguarding client interests and delivering stable, long-term returns. Despite significant economic headwinds and global real estate market repricing, the returns on investment reflect Markaz's deep research capabilities, disciplined investment strategy, and ability to navigate volatility while protecting and growing investor capital. The exited projects highlight Markaz's active role in both real estate development and structured credit strategies. Commenting on this achievement, Sami Shabshab, Managing Director, International Real Estate at Markaz, said: 'These strategic exits highlight our disciplined investment approach, centered on resilience and long-term fundamentals throughout market cycles. Our recent focus on the industrial sector, driven by sustained demand for logistics and warehousing, has delivered stability and growth despite global uncertainties. We carefully timed these exits to align with market conditions, preserving and enhancing investor value in a complex environment. Our execution capabilities are supported by strong collaborations with international well-established partners, which are essential for effective risk management and project delivery. This combination of sector focus, market insight, and operational collaboration underscores Markaz's commitment to delivering sustainable and resilient returns for our clients.' Abdullatif Al-Nusif, Managing Director, Wealth Management and Business Development at Markaz, added: "At Markaz, our clients' interests remain at the forefront of every decision we make. The recent exits underscore the strength of our international real estate team in executing complex strategies and identifying strategic opportunities. Building on a 50-year legacy of market insight and disciplined investment strategies, we continue to focus on constructing resilient portfolios that are designed to withstand evolving conditions and deliver sustainable performance. Through selective exposure to high-conviction sectors and proactive asset management, Markaz remains committed to supporting our clients in achieving their financial goals with confidence and clarity.' Markaz has been an active investor in the US real estate market since 1977 and continues to execute its international real estate investments in the market through Mar-Gulf Management, its international real estate arm, since 1988. Over the past 37 years, Markaz has participated in the acquisition, development, and management of assets across the industrial, storage, retail, residential, and office segments. Looking ahead, Markaz remains dedicated to adopting a selective, forward-looking investment strategy, focusing on development and value-add opportunities within the industrial and living sectors, while expanding its real estate credit services. Additionally, Markaz will continue to prioritize senior debt and mezzanine structures to optimize capital efficiency and diversify return streams. With expectations of improving credit conditions and a potentially more favorable interest rate environment in 2025, Markaz aims to position its portfolio for long-term growth. This strategy will emphasize partnerships with high-quality partners and target high-demand markets, ensuring resilient and sustainable performance. As it marks 50 years of pioneering investment excellence, Markaz remains committed to creating long-term value for its clients through global insight, innovative strategies, and a foundation of trust and performance. About Kuwait Financial Centre 'Markaz' Established in 1974, Kuwait Financial Centre K.P.S.C 'Markaz' is one of the leading asset management and investment banking institutions in the MENA region with total assets under management of over KD 1.44 billion (USD 4.67 billion) as of 31 March 2025. Markaz was listed on the Boursa Kuwait in 1997. Over the years, Markaz has pioneered innovation through the creation of new investment channels. These channels enjoy unique characteristics and helped Markaz widen investors' horizons. Examples include Mumtaz (the first domestic mutual fund), MREF (the first real estate investment fund in Kuwait), Forsa Financial Fund (the first options market maker in the GCC since 2005), and the GCC Momentum Fund (the first passive fund of its kind in Kuwait and across GCC that follows the momentum methodology), all conceptualized, established, and managed by Markaz. For further information, please contact: Sondos Saad Corporate Communications Department Kuwait Financial Centre K.P.S.C. "Markaz" Email: Ssaad@
Al Bawaba
22-06-2025
- Business
- Al Bawaba
Markaz Exited over USD100 million of Industrial Real Estate Projects in the US and Europe over the past few months
Kuwait Financial Centre "Markaz" has announced the recent exit of several industrial real estate projects in the United States and Europe over the past few months. Executed by its International Real Estate team, in partnership with global players like Panattoni and Scannell Properties, the transactions marked successful exits across key global markets, reinforcing Markaz's position as a trusted investment partner and a prominent leader in the international real estate sector. Collectively, these projects represent over USD 100 million in asset value and reflect Markaz's extensive experience in structuring real estate investments across both development and credit strategies. The exited projects include industrial developments in Europe and the US, and a mezzanine financing investment for an Industrial Portfolio with Scannell Properties in the US. Each investment was selected and executed following rigorous research and market analysis, guided by macroeconomic trends and local market dynamics, with a strong emphasis on safeguarding client interests and delivering stable, long-term returns. Despite significant economic headwinds and global real estate market repricing, the returns on investment reflect Markaz's deep research capabilities, disciplined investment strategy, and ability to navigate volatility while protecting and growing investor capital. The exited projects highlight Markaz's active role in both real estate development and structured credit on this achievement, Sami Shabshab, Managing Director, International Real Estate at Markaz, said: 'These strategic exits highlight our disciplined investment approach, centered on resilience and long-term fundamentals throughout market cycles. Our recent focus on the industrial sector, driven by sustained demand for logistics and warehousing, has delivered stability and growth despite global uncertainties. We carefully timed these exits to align with market conditions, preserving and enhancing investor value in a complex environment. Our execution capabilities are supported by strong collaborations with international well-established partners, which are essential for effective risk management and project delivery. This combination of sector focus, market insight, and operational collaboration underscores Markaz's commitment to delivering sustainable and resilient returns for our clients.' Abdullatif Al-Nusif, Managing Director, Wealth Management and Business Development at Markaz, added: "At Markaz, our clients' interests remain at the forefront of every decision we make. The recent exits underscore the strength of our international real estate team in executing complex strategies and identifying strategic opportunities. Building on a 50-year legacy of market insight and disciplined investment strategies, we continue to focus on constructing resilient portfolios that are designed to withstand evolving conditions and deliver sustainable performance. Through selective exposure to high-conviction sectors and proactive asset management, Markaz remains committed to supporting our clients in achieving their financial goals with confidence and clarity.' Markaz has been an active investor in the US real estate market since 1977 and continues to execute its international real estate investments in the market through Mar-Gulf Management, its international real estate arm, since 1988. Over the past 37 years, Markaz has participated in the acquisition, development, and management of assets across the industrial, storage, retail, residential, and office segments. Looking ahead, Markaz remains dedicated to adopting a selective, forward-looking investment strategy, focusing on development and value-add opportunities within the industrial and living sectors, while expanding its real estate credit services. Additionally, Markaz will continue to prioritize senior debt and mezzanine structures to optimize capital efficiency and diversify return streams. With expectations of improving credit conditions and a potentially more favorable interest rate environment in 2025, Markaz aims to position its portfolio for long-term growth. This strategy will emphasize partnerships with high-quality partners and target high-demand markets, ensuring resilient and sustainable performance. As it marks 50 years of pioneering investment excellence, Markaz remains committed to creating long-term value for its clients through global insight, innovative strategies, and a foundation of trust and performance.
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Business Standard
28-05-2025
- Business
- Business Standard
Panattoni India to invest ₹210 cr to build industrial, logistics park in TN
This will be the second project for Panattoni in India. It is already developing a project in the Delhi-NCR market Press Trust of India New Delhi Panattoni India will invest about Rs 210 crore to develop a 25-acre industrial and logistics park at Hosur in Tamil Nadu as part of its expansion plan. This will be the second project for Panattoni in India. It is already developing a project in the Delhi-NCR market. Panattoni India Development Pvt Ltd is a part of the Panattoni Group, one of the largest industrial real estate developers in the world. "Our foray into the Hosur market underscores Panattoni's commitment to strengthening our presence in Tier-1 cities and high-potential warehousing corridors," said Sandeep Chanda, Managing Director, India, Panattoni. He said the total leasable area in this upcoming project will be 5.5 lakh sq ft. "This will be a plug-and-play-like facility. The total project cost to develop this park will be around Rs 210 crore," he told PTI in an interview. The construction work will start in the next few months, and completion is expected in the second quarter of 2026. Asked about the source of funding, Chanda said the company has roped in an investor for the development of this project. It will also take debt from financial institutions. "India continues to be a priority geography in our global strategy. The launch of Panattoni Park, Hosur I, reflects our commitment to building a future-ready, pan-India industrial and logistics platform. Our long-term investment plans will continue to support India's expanding consumption and manufacturing base," said Robert Dobrzycki, CEO and co-owner of Panattoni Europe, UK, Middle East & India. The upcoming project -- Panattoni Park, Hosur I -- will cater to a diverse mix of occupiers, from e-commerce and 3PL players to FMCG and manufacturing companies, offering scalable, high-performance infrastructure built to Grade A specifications. Panattoni launched its first Indian development, Panattoni Park NH71 in Delhi NCR, in July 2024, with a 360,000 sq. ft. facility currently under construction. On average, Panattoni invests around EUR 8 billion a year globally. The commencement of the Indian operations in 2022 marks Panattoni's entry into Asia. Panattoni has delivered 22.3 million square meters in Europe and 56.3 million square meters globally, with an additional 3.1 million square meters under construction in Europe.
Time of India
28-05-2025
- Business
- Time of India
Panattoni India to invest Rs 210 cr to build industrial & logistics park in Tamil Nadu
Panattoni India will invest about Rs 210 crore to develop a 25-acre industrial and logistics park at Hosur in Tamil Nadu as part of its expansion plan. This will be the second project for Panattoni in India. It is already developing a project in the Delhi-NCR market. Panattoni India Development Pvt Ltd is a part of the Panattoni Group, one of the largest industrial real estate developers in the world. "Our foray into the Hosur market underscores Panattoni's commitment to strengthening our presence in Tier-1 cities and high-potential warehousing corridors," said Sandeep Chanda, Managing Director, India, Panattoni. Play Video Pause Skip Backward Skip Forward Unmute Current Time 0:00 / Duration 0:00 Loaded : 0% 0:00 Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 1x Playback Rate Chapters Chapters Descriptions descriptions off , selected Captions captions settings , opens captions settings dialog captions off , selected Audio Track Picture-in-Picture Fullscreen This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Text Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Transparent Caption Area Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Drop shadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 서울주민 대상 임플란트 단돈 30만원으로 해드립니다. 추가금 일절없음 최저가 임플란트 더 알아보기 Undo He said the total leasable area in this upcoming project will be 5.5 lakh sq ft. "This will be a plug-and-play-like facility. The total project cost to develop this park will be around Rs 210 crore," he told PTI in an interview. Live Events The construction work will start in the next few months, and completion is expected in the second quarter of 2026. Asked about the source of funding, Chanda said the company has roped in an investor for the development of this project. It will also take debt from financial institutions. "India continues to be a priority geography in our global strategy. The launch of Panattoni Park, Hosur I, reflects our commitment to building a future-ready, pan-India industrial and logistics platform. Our long-term investment plans will continue to support India's expanding consumption and manufacturing base," said Robert Dobrzycki, CEO and co-owner of Panattoni Europe, UK, Middle East & India. The upcoming project -- Panattoni Park, Hosur I -- will cater to a diverse mix of occupiers, from e-commerce and 3PL players to FMCG and manufacturing companies, offering scalable, high-performance infrastructure built to Grade A specifications. Panattoni launched its first Indian development, Panattoni Park NH71 in Delhi NCR, in July 2024, with a 360,000 sq. ft. facility currently under construction. On average, Panattoni invests around EUR 8 billion a year globally. The commencement of the Indian operations in 2022 marks Panattoni's entry into Asia. Panattoni has delivered 22.3 million square meters in Europe and 56.3 million square meters globally, with an additional 3.1 million square meters under construction in Europe.
Yahoo
27-05-2025
- Business
- Yahoo
The ginormous, record-breaking buildings being constructed in Swindon
The new Panattoni Park now under construction in Swindon will feature two huge, record-breaking buildings. Europe's largest developer of industrial and logistics real estate has started work on what is the largest project of its kind ever undertaken in the UK. The first phase includes the construction of a 915,000 sq ft speculative logistics building, which is going to be the biggest warehouse of its kind in the country. For comparison, that's the equivalent of approximately 12 football pitches or the size of a shopping mall. This, and the 545,000 sq ft unit under construction nearby, should be completed at some point in the first quarter of 2026. The commencement of work on this enormous facility follows the letting of Panattoni's previous record-breaking development, an 885,000 sq ft unit at Avonmouth. The wider Panattoni site also has detailed planning consent for a plot which is the largest single unit with planning permission in the UK. This centrepiece of the industrial estate measures 1.2 million sq ft, which is the equivalent of around 20 football pitches, is twice the size of the ground floor of Amazon's Symmetry Park warehouse, as big as the largest Lidl warehouse in the world (which is based in Houghton Regis), and roughly the same size as the ExCel London venue. It is available on a pre-let basis and can be delivered within 10 months. James Watson is head of development for Southern England and London at Panattoni UK. He said: 'Having recently leased Panattoni Park Avonmouth, the largest speculative warehouse to have ever been built in the country, I'm pleased to announce we are now commencing construction of an even larger speculative warehouse in Swindon.' Panattoni has spent several weeks demolishing the old Honda manufacturing plant and wider works so that the area can be given a new lease of life. The masterplan for the Panattoni site includes the three previously-mentioned buildings as well as seven more structures sized at 45,000, 60,000, 145,000, 205,000, 330,000 400,000, and 725,000 sq ft, respectively, which will be built as part of future phases which are yet to be detailed. Altogether, this investment of nearly one billion pounds into the transformation of the former Honda site will cover 7.2 million sq ft and hopes to attract £1.2 billion to the economy. It will also feature a community park and hub, a 'linear' park, relaxation areas, miles of trim trails and cycle routes around the area, wildflower meadows, and advanced landscaping.
