Re-defining the market

Robert Dobrzycki, the CEO of Panattoni Europe: Redefine wants to build a large logistics platform in Poland. Panattoni will be the developer of these facilities and will manage them together with Griffin. It’s all the more interesting that we are dealing with a long-term investor. So we will be managing the platform for a long time. How long? The investment horizon of short term funds is typically up to five years. It will be longer than that. How many years exactly? It depends on the investor’s strategy. Is Panattoni acting here as a co- investor or as a so-called fee developer? We are not a fee developer. When building the logistics platform together with Redefine – just as we do when we carry out our own projects – we will deal with them comprehensively, by also investing in the development process and thus participating in the potential investment returns. How long will it take to build a platform worth EUR 800 mln? According to the plan – three