Warehouse project for CenterObuv company built by PNK Group in record time (RU)

A deal between PNK Group and Europe-largest shoe retailer – 'CenterObuv' company has been completed. Unprecedented high-tech warehouse complex constructed from scratch by PNK Group according to the scheme build-to-suit in just seven months is ready for exploitation. The overall area of the object is 49,470 m², 36,200 m² of which are warehouse premises. The total amount of the contract exceeded $68 mln. Knight Frank company acted as a broker.

Future terminal 'CenterObuv' situated in a new logistic complex PNK Vnukovo is a unique complex solution for Russian market from the point of view of quality and infrastructure as well as of the tight deadlines of the construction.

It is the first project in Russia fully compliant with international standards FM Global. These standards were developed by the largest insurance companies in the world. They have special requirements to fire prevention, reliability of construction and safety of the products. For example, according to FM Global standards only incombustible materials can be used in construction along with ESFR-25 fire-extinguishing system that surpasses a Russian analogue three times in power. In addition there must be a water supply in autonomous water tanks and double key security systems in a warehouse. At the moment all PNK Group objects are built in compliance with FM Global.

Build-to-suit projects stipulate individual approach to clients needs and allow to optimize business-processes in a warehouse considerably. In view of this PNK Group used a number of technological decisions specifically developed considering the specifics and business volumes of 'CenterObuv'. Many of these decisions were used in Russia for the first time. For example PNK Group used an optimized technology of cross-docking: 103 docks are situated on 36 thousands m² of warehouse space. The object has autonomous exit and entrance with its own security check-points. Due to this innovation an unprecedented for Russia speed of goods turnover was achieved, which is especially important for Europe's largest shoe retailer.

"Turnover for us is one of the key criteria of warehouse efficiency," said Logistics Director of "CenterObuv" Elena Gorislavetz. "he solution suggested by PNK Group entirely meets our requirements – from the point of view not only of technical characteristics of a warehouse complex, but of infrastructure as well. We are especially glad that such a difficult project was built in such a short period of time." Earlier, the average time required by PNK Group in order to construct a build-to-suit project in an active warehouse complex with prepared infrastructure was seven months. But 'CenterObuv' object was built from scratch in the framework of the first line of 'PNK – Vnukovo' industrial complex. "While the internal standards of construction in PNK Group have significantly outrun the level of Russian industrial real estate market long time ago, we are constantly improving them, - said Executive Director of PNK Group Oleg Mamaev, - Each new project of ours is better than the previous one. Many solutions used in 'CenterObuv' project will supplement our building standards."

"The investment contract with 'CenterObuv' company was signed in record time for warehouse market. Moreover, PNK Group started the construction in summer 2011 and met the deadlines of the contract when successfully transferred the object to the client 7 months after its signing. It takes the company to a new level of efficiency in realization of build-to-suit projects. "As of today it is the largest build- to- suit deal in the market, which was signed thanks to the client centered approach and result-driven activity of PNK Group team," said Vice Director of Warehouse and Industrial Real Estate Department of Knight Frank Russia and CIS Anton Repin.

Michael Duvanov, Vice Director of Warehouse and Industrial Real Estate Department of Knight Frank Russia: "We are grateful to "CenterObuv" company for their long-term cooperation with Knight Frank team. This joint work resulted in participation of our p

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