Large warehouse complex takes only 7 months to build in “PNK Vnukovo” logistics park Russia
[GBP note: This article is dated from January 2012 on the PNK Group website but it worth reposting because it describes the incredibly short time it took (7 months) to build this warehouse. Granted warehouses by their very nature are less complicated to build than an office building of equivalent size but this does set a benchmark for which future construction will be compared.]
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 using build-to-suit approach in just 7 months is ready for operation. The overall area of the building is 49471 sq. meters, 36191 sq. meters of which are warehouse premises. The total amount of the contract has exceeded $68 mln. Knight Frank has acted as the consultant of this deal.
New warehouse terminal of “CenterObuv” situated in the new logistic park “PNK Vnukovo” is a unique example on the Russian market of creation of a turnkey solution from the point of view of quality and infrastructure as well as of tight deadlines of construction.
It is the first project in Russia that is 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 buildings. For example, according to FM Global standards only incombustible materials can be used in construction along with ESFR-25 fire-extinguishing system that is three times more powerful than its Russian analogue listed in the state requirements to such buildings. 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 considerably optimize business-processes in a warehouse. In view of this PNK Group used a number of technological solutions specifically developed to meet business requirements of “CenterObuv”. Many of these innovations were used in Russia for the first time. For example, PNK Group used an optimized cross-docking technology: 103 docks are installed to be used in the building with 36 thousand sq. meters of warehouse space. The warehouse complex has autonomous entrances with its own access points from the motorway. Due to this innovation an unprecedented for Russia speed of goods turnover was achieved, which is especially important for Europe-largest shoe retailer.
«Turnover for us is one of the key criteria of warehouse efficiency, – said Elena Gorislavetz, Logistics Director of “CenterObuv”. – 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 7 months. But “CenterObuv” object was built from scratch in the framework of the first phase 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 a long time ago, we are constantly improving them, – said Oleg Mamaev, Executive Director of PNK Group, – 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 the Russian 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 in 7 months after its signing. It takes the company to a new level of efficiency in implementation 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 focused approach and result-driven activity of PNK Group’s team”, – said Anton Repin, Deputy Director of Warehouse and Industrial Real Estate Department of Knight Frank Russia and CIS.
Michael Duvanov, Deputy Director of Warehouse and Industrial Real Estate Department of Knight Frank Russia and CIS: “We are grateful to “CenterObuv” company for their long-term cooperation with Knight Frank’s team. This joint work resulted in participation of our partner PNK Group in the build-to-suit project, which allowed us to take the business of our client to a new level. We wish “CenterObuv” future successes and prosperity in 2012”.