Raven Russia has signed a preliminary rental agreement with Danone-Unimilk for class-A warehouse premises in Moscow Region.
A distribution centre for Danone-Unimilk Group of companies will open at the end of 2011 at the class-A Klimovsk Logopark, which is part of the Raven Russia warehouse chain. The Klimovsk Logopark will be the first class-A warehouse leased by the Group since it was created by union of Danone’s Russian business with that of Unimilk at the end of 2010. Danone figures in the Fortune-500 list of the world’s largest companies and is the biggest producer of dairy products in the world. Danone-Unimilk is the market leader in Russia and the CIS.
Raven Russia and Danone-Unimilk signed a preliminary rental agreement in October this year. The international real estate company Knight Frank acted as consultant to the transaction.
The building, which will house the new distribution centre, is being erected as part of the second phase of the Klimovsk Logopark in Podolsk District of Moscow Region. The centre will consist of class-A warehouse and office facilities and will have total area of 11,500 sq m. Operations using the new centre are scheduled to start at the end of 2011.
Raven Russia is adapting the building to meet specific requirements of the tenant. More than 70% of the warehouse space will be equipped with refrigerating chambers for storage of food products produced by Danone-Unimilk in Moscow Region.
Raven Russia will invest circa $4million to adapt the building for the needs of Danone-Unimilk.
Igor Bogorodov, Head of Branch of Raven Russia: “We are pleased that Danone-Unimilk will be the first tenant in the second phase of the Klimovsk Logopark. Danone-Unimilk has a successful business in Russia, applying modern technologies in both dairy production and warehouse logistics. Opening of the Group’s biggest distribution centre at Klimovsk represents an important step in its business development. We value cooperation with our partner highly and appreciate its choice of our project. We wish the Group every success in the development of its business in Moscow Region.”
Alexander Katsegorov, Associate Director of the Warehouse Real Estate Department of Knight Frank Russia and CIS: “We have seen substantial growth of rental demand for quality warehouse facilities on the south side of Moscow in 2011. About 40% of all rental contracts, which have been closed in Moscow Region since the start of the year, have been to the south of the Russian capital. Klimovsk Logopark offers quality warehouse premises for long-term rent and is one of a small number of class-А projects in that part of Moscow Region, which will come onto the market in 2012.”
Pavel Isaev, Logistics and Supply Director of Danone-Unimilk Group of companies: “We have decided to consolidate our company logistics in Moscow Region at a single distribution centre in Klimovsk. A number of factors determined our choice of Klimovsk Logopark. They include capability to adapt standard warehouse facilities with installation of refrigeration equipment for food product storage, convenient location of the facility, rapid progress of construction work and high quality of the warehouse premises, which are being offered for rent.”
Klimovsk Logopark occupies an 18-hectare site in Podolsk District of Moscow Region. The Logopark is located between the M2 Highway and Varshavskoye Highway, which are the principal road arteries leading south from Moscow. Distance to MKAD (the Moscow ring road) is 21 km and distance to the outer orbital road is 3.5 km. Infrastructure of the second phase of the complex includes parking for cars and goods vehicles as well as areas for vehicle manoeuvring. The site is under the management of Raven Russia Property Advisors Ltd.
The first phase of Klimovsk Logopark with total space of 54,000 sq m was brought into operation in 2009 and is now fully let to a number of companies (Gradient, Gates, FCS, Alliance Healthcare and others). The second phase with 55,000 sq m of space will cost more than $40 million to build.
The facility is designed for use by companies in the manufacturing, logistics, automotive, beverage and pharmaceutical sectors. Availability of land at the facility means that companies, which want to develop their business further, will be able to expand their operations at Klimovsk in the future.
Raven Russia is the leader on the Russian warehouse sector, and its shares are traded on the London Stock Exchange. The Company specializes in investments in ready, class-A warehouses and construction of new warehouses in Russia’s biggest cities. Raven leases its warehouse space to Russian and international companies, and has a strategy of long-term ownership of its projects.
The company has invested more than $1.5 billion over five years on acquisition and construction of new projects in Russia. Raven’s portfolio consists of 10 successful class-A projects in Moscow, Saint-Petersburg, Rostov-on-Don and Novosibirsk with total space of about 1 million sq m.
In addition to ready projects, Raven owns 368 hectares of land for development in Russia, Belarus, and Ukraine and has sufficient financial resources for further construction projects, including build-to-suit.
Main tenants at the Company’s warehouse complexes are well-known international companies including Auchan, X5 Retail Group, Bacardi, DSV Solutions, Gradient, Gates, Avalon Logistics, Nippon Express, Stockmann, Schneider Electric, Itella, Oriflame, Major, FM Logistics, Seacon Logistics, L’Occitane, Roto Frank, Moron, Gorenje, etc.
Danone is one of the world’s most successful producers of healthy foods. Danone’s mission is to bring health through food to as many people as possible, and pursuit of that goal has been the main factor in sustained growth of Danone’s business. Company sub-divisions employ more than 100,000 people in 120 countries on five continents and Danone has 184 production facilities worldwide. Company revenue rose to a record level of 17 billion euros in 2010, half of which was generated on emerging markets. Danone has leading positions in four healthy food production segments: fresh sour-milk products (#1 globally), water (#2 on the global market for bottled drinking water), child nutrition (#2 worldwide) and medical nutrition (#1 in Europe).
At the end of 2010 Danone and Unimilk combined their dairy businesses in Russia and the CIS, as a result of which Danone-Unimilk Group emerged as the undisputed dairy market leader in the region. As of today the Group has more than 30 plants producing foods under the brands: Danone, Activa, Actimel, Rastishka, Danissimo, Prostokvashino, Biobalance, Actual, Smeshariki, Tyoma and others.