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Leaders
June 2018 www.intellinews.com I Page 12
one of the three main investors in the operator. Currently PLT operates four logistics parks in the Moscow region, Novosibirsk, and Yekaterinburg with a total area of 0.5mn square meters (sqm).
According to RDIF, PLT intends to increase its facilities to 2mn-3mn sqm. The largest players on the Russian logistics and warehouse market are British Raven Russia and MLP, the latter being part of Mikhail Gutseriev’s Safmar Group. The two companies operate 1.8mn sqm of facilities.
According to JLL data cited by RBC business portal, total supply of warehouses in Russia in 2017 stood at 28mn sqm, out of which 60% was in Moscow.
Analysts surveyed by RBC on the PLT deal believe that now is a goof moment for institutional inves- tors to enter Russian logistics and warehouse
market, but see the minimum sufficient invest- ment at $500mn. The largest investors on the warehouse market are UFG Real Estate, Ghelamco and Hines.
Previous report by JLL showed that e-Commerce companies are the driving force in the market for new warehouse space as this sector is growing at a pace an order of magnitude faster than the traditional economy. Three out of the four largest warehouse projects slated for construction in 2017 are for e-commerce companies.
Among the main 2018 warehouses projects are the built-to-order schemes for large retailers, namely: the first and second phases of a 100,000 sqm of a warehouse complex for Wildberries.ru, Russia’s biggest online store.