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 content is only available to registered users

You must be logged in to continue

Gated access promo

Would you like to read more?

Register for free to finish this article.

Sign up now for the following benefits:

  • Four FREE articles of your choice per month
  • Breaking news, comment and analysis from industry experts as it happens
  • Choose from our portfolio of email newsletters

To access this article REGISTER NOW

Would you like print copies, app and digital replica access too? SUBSCRIBE for as little as £6 per week.

Registered users and subscribers SIGN IN here to continue