Logistics developer Panattoni launches data centre business with four hires

Logistics real estate developer Panattoni has made four new senior hires as it launches a new data centre business to develop assets across Europe, India and the Middle East.

Panattoni has appointed Richard Wellbrock, who recently served as chief commercial officer at Colt Data Centre Services (DCS), as managing director to lead the newly created data centre business. 

Wellbrock is joined by Nick Parker, as head of capital deployment, John Belton as head of development and Paul Terry as data centre infrastructure director.

Parker was previously global senior director of asset management at Colt DCS, and Belton served as global senior director of development at Colt DCS.

Terry, who was Colt DCS’s global director of development infrastructure, led infrastructure design and delivery from land acquisition through to handover. 

Panattoni said all four will be based in London and report to Robert Dobrzycki, CEO and co-owner of Panattoni Europe, UK, Middle East and India.

Dobrzycki said: “This is a significant new chapter for Panattoni. Data centres are essential infrastructure for the modern economy, and we are now building a world-class platform to deliver them. Richard and his team bring exceptional experience and insight.”

Wellbrock said: “Panattoni has an outstanding track record of development at scale and pace. With our team now in place, we’re looking forward to growing the business across Europe, the UK, India and the Middle East, supporting hyperscalers, cloud providers and enterprise customers with high-quality data centre solutions.”

Panattoni has an established presence in Europe since commencing operations in 2005. Globally, the company’s logistics portfolio includes over 58m sqm of completed space for 2,500 clients. Within Europe, Panattoni has developed projects totaling over 23m sqm to date.

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