PropertyEU’s annual survey of logistics developers reveals who the leading players are in this highly competitive sector.
Panattoni tops our ranking for the sixth year in a row with close to 7 million m² of completed warehouse space over the last three years. UK REIT Segro, which ranked third in 2021, climbs to second spot this year, trading places with Prologis which slips to third position.
Combined, the 16 companies featured in this year’s ranking delivered 22.1 million m² of industrial and logistics space across more than 580 projects.
The 16 developers in our ranking have a total of 14.6 million m² under construction across Europe. Panattoni takes the lion’s share at 4.7 million m², with an investment value of €4.4 bn, followed by Garbe at 1.7 million m² (€2.7 mln), and VGP at 1.5 million m² (€1.5 bn).
Based on specific investment value (€ per m²), however, Verdion leads the pack, followed by Garbe and LCP. (Note: not all companies provided an investment value).