Another 22,000 m² sold at PNK-Vnukovo (RU)

Another 22,000 m² of warehouse complexes have been sold at class-A+ industrial park PNK-Vnukovo. The buyer is one of the largest Russian retailers. The deal was negotiated by the Company S.A. Ricci. In 2012, almost all large purchase-sales transactions of modern warehouses were made by the PNK Group.

"This deal is yet another example of the trend of increasing storage space acquisition in the total warehouse sector", says Dmitriy Gerastovskiy, Director of the Warehouse and Industrial Property Department at S.A. Ricci.

"In the third quarter of 2012, more than 80,000 m² have already been sold and, according to our forecasts for the third quarter, the volume of warehouse space sold will exceed 100,000 m². We can see that the demand for the products of PNK Group is independent of short-term market trends," says the CEO of PNK Group Oleg Mamayev.

"Storage is an essential element on which the operation of the core business depends. This is especially true for companies specializing in the retail area. As consumer expertise grows, so does demand for our facilities. Practice shows that warehouse efficiency plays a decisive role (cost, speed of turnover, etc.), as does the period of construction and the developer's reputation. This relates to both the rental and sales of warehouses.

"To meet the growing demand for quality warehouses, this year we are launching two new industrial parks with a total area of about 700,000 m². Our new factories of European building materials provide the necessary foundation for growth."

According to S.A. Ricci analysts in the first half of 2012 about 132,000 m² of warehouse space were bought. Purchased warehouse space made up 19% of the overall structure of warehouse transactions.

By comparison, in 2008 it was 6% of all transactions - leased and purchased. In 2009, this share was only 3%. The volume of acquired space increased from 51,000 m² in 2008 to 130,000 m² in 2011, i.e. by 2.5 times.

The total area of Class A+ industrial park PNK-Vnukovo is 308,000 m². The first phase of 76,000 m² went into operation in December 2011. Completion is scheduled for the first quarter of 2013.

The industrial park is located 19 km from the Moscow Ring Road via the Kiev or Borovskiy highway. The international standards of FM Global were systematically implemented during the construction of the park. These standards were developed by the world's major insurance companies and have special requirements for fire safety, for the reliability of building structural elements and for the preservation of goods.

Source: Poleznye Svyazy

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