PNK Group, Russian warehouse and industrial market leader in A+ segment, announces that multi-temperature distribution center with the total area of 43 000 sq m developed by Verny company was put into operation. Verny is one of Russia’s most rapidly growing grocery chain and the first resident at PNK Logopark-KAD in St. Petersburg. Cushman & Wakefield was designated to advise on construction deal structuring.
The deal on multi-temperature distribution center development was executed in October 2013, this complex became the second asset owned by Verny company, which was developed under the build-to-suit scheme. With C & W support the project developer, PNK Group, has completed its obligations and developed the high-quality complex including warehouse premises as well as supplementary areas. Thus, Verny has already started the new distribution center.
PNK Legopark-KAD is located 3 km away from KAD along Sofiyskaya str. The complex introduces high-quality warehouse premises of A+ segment with total area of 93 000 sq m. Industrial park is developed via use of the latest technologies lowering operational costs. PNK Legopark-KAD complies with the standards of one of the biggest insurance companies, FM Global, which is known to set the strictest requirements to warehouse and industrial security systems.
Oleg Mamaev, Executive Director PNK Group
This is not the first project we’ve worked on together with Verny company, and we are very delighted to cooperate with such valued partner. Despite of the fact that the company has entered market relatively recently it shows the strongest performance. Such penetration rate defines strong need in comfortable warehouse of high quality. I’m sure that the new distribution center in St. Petersburg will contribute to further c success.
Oleg Vysotsky, Chief Executive Officer, Verny
It was highly important for our company to start distribution center in St. Petersburg. It is our second largest market with the high potential for growth.
We pay much attention to logistics. At the turn of 2014, we started distribution center in Moscow region and this gave us opportunity to improve stores’ supply and to save costs. The same positive developments are seen in northwestern subsidiary.
I express my gratitude towards PNK Group for fulfillment of development plan and for high quality of delivered work.
PNK Group is a full service property developer established in 2003. It is a Russian warehouse and industrial market leader in A+ segment. The company is specializing on development of modern warehouse and industrial complexes, build-to-suit projects, including multi-temperature complexes and other technically-intensive projects. PNK Group develops projects in accordance with international standards for security and energy efficiency. In 2008 the company put into operation 1,5 mln sq m of high quality warehouse and industrial premises. In 2013 the company launched its own manufacture of construction materials. PNK Group has its own project division and stock of specialized machinery. Gross area of projects under development exceeds 2,5 mln sq m. The company’s clients are leaders in their spheres of activity. Among others the company delivered services to Volkswagen, Auchan, MARS, Adidas, Panasonic, Х5 Retail Group, М.Видео, Eldorado etc. For further information, visit: www.pnkgroup.ru
FM Global delivers major companies holding commercial and manufacture properties throughout the world with solutions on risk management. FM Global was launched 150 years ago in the USA. The company is now working in more than 130 countries all over the world and delivering property insurance solutions and valuation services concerning fire and technological security as well as professional recommendations on damage reduction. FM Global standards set severe requirements to technological, constructional, planning and engineering characteristics of buildings and facilities. Abidance by the standards ensures security enhancement and reduction of damage when natural disasters. All warehouse and industrial projects of PNK Group are planned and developed consistent with FM Global requirments.
Verny is young and one of the fastest-growing companies on market. In the estimation of experts, Verny stores are most progressive in Russia. The company opened the first store in 2012 and is now operating in Moscow, Moscow region, St. Petersburg and Leningradsky region, Yekaterinburg and Sverdlovsky region, Kazan, Tula, Kaluga, Vladimir, Yaroslavl, Novgorod. Today Verny operates 425 stores. For more information visit www.pnkgroup.ru