The ZAMMLER Group (Ukraine), providing transport and warehouse logistics services, plans to implement a project to build a warehouse complex in three stages near Kyiv with gross area of 60,000 square meters, Director of ZAMMLER Group Viktor Shevchenko has said.
“We expect to take a loan from a Ukrainian bank this year to build a warehouse in three stages. It is economically easier and more expedient from the point of view of the gradual moving of our clients. Now we are actively working on the issue of buying a land parcel for the construction site – after settling this issue it would be possible to talk about the loan in details,” he said in an interview with Interfax-Ukraine.
Shevchenko said that the company is also negotiating with the European Bank for Reconstuction and Development (EBRD) on project financing.
According to him, at present the cost of building a class A warehouse in Ukraine costs about $500 per square meter, while the average purchase price of the finished warehouse after the crisis has not changed and now is $300-350 per square meter.
“But at the same time everything that is offered on the market is more than 10 years old and requires renovation. If the owner of the facility is a developer, then he still cares for it, but if it is a bank, then in the warehouse was repaired two or three years ago. Therefore, it is often necessary to add about $200 per square meter for renovation to the selling price, which results in the same $400-500 per square meter. Besides, you invest them in the old building,” he said.
The ZAMMLER Group incorporates Zammler Ukraine (Kyiv), Zammler Warehouse LLC (Martusivka, Kyiv region), Zammler Fulfilment LLC (Krasylivka, Kyiv region), MLS LLC (Kharkiv), Ningbo Zammler Trading Co LTD (China) and ZAMMLER POLSKA Sp.z o.o. (Poland).
The group provides services in the sphere of transportation by road, by rail, by sea and by air, customs clearance services and a full range of warehouse services.