February 03, 2014

PNK Group builds over 30 percent of warehouses delivered in 2013

PNK Group builds over 30 percent of warehouses delivered in 2013

PNK Group has reported the delivery of more than 300,000 sqm of high quality warehouse space over 2013, which has shown the positive year on year group’s dynamics and its steady growth. According to the international property consultancy Knight Frank, this counts for more than 30 percent of the total volume of warehouse and industrial spaces delivered in 2013 in Moscow Region, which has exceeded 800,000 sqm.

Oleg Mamaev, Executive Director, PNK Group, commented: “We were able to show such positive dynamics only by constant upgrading our design solutions and process technologies, meeting all the scheduled deadlines in various weather conditions and focusing on the world’s leading high quality warehouse and industrial developments. Apart from that, PNK Group’s vast expertise gained when developing lots of projects in different regions of Russia for a wide range of clients, often having very specific and unconventional demands, is a significant contribution to the success of our ongoing and future projects.”

Currently, PNK Group has the following ongoing projects: PNK-Chekhov 2, PNK-Bekasovo, PNK-Severnoye Sheremetyevo, PNK-KAD and PNK-Tolmachevo. The construction of PNK-Chekhov 2 warehouse complex (285,500 sq m) started in 2012. PNK-Bekasovo logistics park (160,000 sqm) is located in Moscow Region, 49 km from the Moscow Ring Road on the Kievskoye Highway, the start of construction scheduled for 2014. PNK-Severnoye Sheremetyevo warehouse complex (397,400 sqm) is located in the Dmitrovsky District of Moscow Region. The construction of the complex started in 2013 and the delivery is planned for 2015. PNK-KAD warehouse complex (73,500 sqm) is located in Leningrad Region, the construction started in 2013. PNK-Tolmachevo warehouse complex (382,500 sqm) is being developed in Novosibirsk Region. The first phase delivered in 2010 won CRE Federal Awards in the nomination ‘Warehouse Real Estate’. The delivery of the whole complex is planned for 2014.

Also PNK Group announced its plans to launch three new warehouse projects in 2014. Details are to follow later through the year.

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