Scannell scales up: Amaury Gariel interview

Amaury Gariel Scannel

US developer Scannell Properties plans to expand into Europe by building industrial units mainly aimed at the food distribution sector, which it believes is ripe for growth.

Last month, it appointed Amaury Gariel, CBRE’s EMEA industrial and logistics managing director, to lead the European venture and he has been tasked with growing the business quickly. The aim is to build €250m (£218m) worth of assets a year from 2019.

But in an already saturated market, how will Scannell hit those high numbers from a standing start? Gariel says the company has many options to grow at that pace, including partnering with local developers. What will set it apart, he says, is investing in relatively untouched growth areas – primarily food retail.

This is premium content

You must be logged in to view premium stories.

Gated access promo

Subscribe for full access

Take out a print and online or online only subscription and you will get immediate access to:

  • Breaking industry news as it happens
  • Expert analysis and comment from industry leaders
  • Unlimited access to all stories, including premium content
  • Full access to all our online archive

To get access to premium content subscribe today

Alternatively REGISTER for a free trial to access up to 4 articles and sign up for email alerts

If you are already a registered user or a subscriber you can SIGN IN now