<ul><li>US-based industrial real estate developer Panattoni to invest around €100 million in India over the next few years for expanding its footprint in the country.</li><li>Panattoni's second project in India, Panattoni Park in Hosur, will have a built-up area of 550,000 sq ft catering to various occupiers including e-commerce, 3PL players, FMCG, and manufacturing companies.</li><li>Construction of Panattoni Park in Hosur is scheduled to start in the third quarter of 2025 and expected to be completed by the second quarter of 2026, integrating sustainable building practices in line with the company's global ESG commitment.</li><li>Robert Dobrzycki, CEO of Panattoni Europe, U.K., Middle East & India, emphasized India's importance in their global strategy while Sandeep Chanda, MD of Panattoni India, highlighted the company's focus on Tier-1 cities and high-potential warehousing corridors.</li></ul>

US-based industrial real estate developer Panattoni commits €100 million in India over next few years

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