PropertyEU’s annual ranking of Top Developers is headed by a trio of global logistics players for the first time ever.
PropertyEU’s annual ranking of Top Developers is headed by a trio of global logistics players for the first time ever.
Sydney-listed Goodman Group takes the lead for the fourth year running in terms of floor space delivered between 2012 and 2014 with a total of almost 2 million m2. Its nearest contender, US-based Panattoni, delivered 850,000 m2 over the period. San Francisco-based Prologis constitutes the third player in the overall league, at a short distance behind the number 2.
Hamburg-based retail heavyweight ECE Projektmanagement takes the 4th position overall and the top spot in the retail ranking. Hines Europe has again emerged as the leading office developer in Europe.
In that sense the overall ranking does not differ all that much from last year, with the same trio - Goodman, Hines and ECE - once again leading in their respective specialisms. But change is on the way. AXA Real Estate does not feature in our top 20 office developers, but does have a number of major
projects in the pipeline including the former Pinnacle office complex in London at 22 Bishopsgate.
The full logistics ranking will be published in the September issue while the full version of the overall ranking, including logistics, offices and retail, will be published in October. The PropertyEU Top
Developers ranking is based on projects of more than 5,000 m2 delivered between 2012
and 2014.
Top European Developers
(completed projects 2012-2014)
Company Total Floor space m2
1 Goodman Group 1,982,150
2 Panattoni Europe 850,000
3 Prologis 814,715
4 ECE Projektmanagement 526,000
5 Unibail-Rodamco 490,750
SOURCE: PROPERTYEU RESEARCH
