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Panattoni launches strategic move into data center development with four senior hires
People - JULY 29, 2025

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Panattoni launches strategic move into data center development with four senior hires

by Released

Panattoni, the largest logistics real estate developer in Europe, has launched a major new initiative to develop data centers across Europe, the United Kingdom, India and the Middle East with the appointment of four senior specialists.

Panattoni’s new dedicated data centers team will be led by Richard Wellbrock, who joins as managing director, data centers. He brings nearly 20 years of experience focused on the development of data centers, most recently serving as chief commercial officer at Colt Data Centre Services (DCS), a global data center operator. Wellbrock played a key role in delivering large-scale, artificial intelligence (AI)–ready data center campuses across Europe and Asia, driving growth from 100 megawatts to 1 gigawatt, including supporting a $1.5 billion joint venture with Mitsui.

Joining Wellbrock at Panattoni are Nick Parker, head of capital deployment, data centers; John Belton, head of development, data centers; and Paul Terry

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