Consorto’s Post

Deka Immobilien acquires newly built logistics property near Paris Dr. Malte-Maria Münchow, Head of purchase and sale of special properties: ”By adding this logistics property to our portfolio, we are reaffirming our commitment to the French market and our confidence in the dynamic development of the Île-de-France. This project exemplifies our strategy of investing in unique and future-oriented assets that not only enrich our portfolio, but also set new standards in innovation and sustainability. Current and future investments further strengthen our presence. Last but not least, we want to actively shape the development of local real estate markets,” #realestate #industrialrealestate #commercialrealestate

Savills Investment Management has acquired a 28,600 square meter #logistics property in Hamburg-Billbrook from ECE Work & Live. ECE Work & Live has successfully placed the logistics center it planned, developed and realized in #Hamburg-Billbrook on the market as part of an off-market #transaction. The transaction has been signed and closing is expected by the end of the year. The purchase price has not been disclosed. The property consists of three units and has a total of around 28,600 square meters of rental space. The space is fully and long-term leased to the Danish jewellery company Pandora and the logistics group Kuehne+Nagel. If required, the #property can be divided into up to five rental units. The property was built according to the Efficiency House 40 standard and has, among other things, PV systems on the roof, a fossil-free heat supply using heat pumps, a roof structure and parts of the facade made of wood, and roof and facade greening - the aim is to achieve DGNB platinum certification. "The logistics #realestate market in #Hamburg has many older existing properties," commented Tim Ulrich, Head of Transaction Management Germany at Savills IM. "Due to the great shortage of space in this very logistics-intensive area, newer logistics properties are mainly located in the city's suburbs. In this respect, the acquired property in the established logistics location Hamburg-Billbrook, the largest industrial area outside the Port of Hamburg, has a truly unique selling point." Savills IM was advised on the transaction by Luther Rechtsanwaltsgesellschaft mbH (legal and tax), APC Consults (technical) and BNP Paribas Real Estate Consult (commercial). Taylor Wessing acted as advisor to ECE. https://lnkd.in/eRgTaJCJ

Clarion Partners Europe acquired #logistics facility in Dieburg, #Germany, from Union Investment. The Hamburg-based #investment manager held the property in the #portfolio of one of its open-ended funds for ten years. Completed in 2015, the fully generic #property is leased to a subsidiary of Fiege Logistik Stiftung & Co. KG, the German 3PL provider. It serves as a key operations centre for tyre supplier Pirelli, with the capacity to store up to two million tyres at any given time. In line with Clarion Partners Europe’s commitment to owning real estate with the highest environmental and social credentials, the property is DNGB Platinum certified¹, featuring LED lighting and solar PV across the entire roof. Dieburg is strategically located less than 30 minutes’ drive time south of Frankfurt, a major European logistics hub and primary focal point for the Rhine-Main metropolitan region, and Frankfurt Airport, the second largest freight terminal in the EU. It also benefits from excellent rail and arterial connectivity. Thorben Schaefer, Senior Director at Clarion Partners Europe, commented: “This was a rare opportunity to acquire a highly #sustainable, mission-critical asset, in a prime #European logistics location. Benefitting from excellent transport connectivity and access to over 10 people million within a 100-km radius, it represents another excellent addition to our portfolio.” Rory Buck, Managing Director, Clarion Partners Europe, added: “As wider market fundamentals improve heading into 2025, our deal execution track record and deep local market relationships will be increasingly key to maintaining our deployment momentum. The investment case for select German markets remains highly compelling, with a lack of new development and increasing bifurcation between sustainable and technologically-enabled space and everything else.” Clarion Partners Europe was advised by Colliers (commercial), Goodwin Procter (legal) and CBRE (technical).

CTP Deutschland is on a mission to spur Germany's industrial transformation 🏇 How? A core part of our strategy in the market is upgrading and revitalising the portfolio we acquired, unlocking new potential for modern businesses. 🔓 By redeveloping brownfield sites and refurbishing older industrial properties, we address the needs of emerging sectors like semiconductors and clean-tech while delivering high-quality, sustainable industrial and logistics parks. Earlier this year, this was recognised when CTPark Bremen won Germany's Best Brownfield Project (Logistics) by Brownfield24. 🌱🪄 We're happy to close this week with two new clients who are taking advantage of these renewed spaces with us to meet their businesses's demands: - WP Holding GmbH, a provider of integrated logistics solutions and process consulting services, has leased 15,000 sqm at CTPark Oschersleben in Saxony-Anhalt, with an option to expand by an additional 5,000 sqm. - Heinrich Hoppe GmbH, an international freight forwarding and logistics provider, has secured 12,500 sqm at CTPark Bremen in northwest Germany. Alexander Hund, Managing Director CTP Germany, comments: 💬 “We welcome Heinrich Hoppe GmbH to CTPark Bremen and WP Holding GmbH to CTPark Oschersleben. Developing brownfield sites and refurbishing existing buildings offers exciting development opportunities due to the rapid changes sweeping through traditional European industrial and logistics markets and the regulatory backdrop that is requiring real estate to become more energy efficient. This is reflected in acquisitions we have made for our landbank especially in Germany, where we are using our considerable expertise to reimagine sites with redevelopment and sustainable retrofit into modern business parks that meet the demands of today’s businesses.” Our team is proud to be part of Germany's industrial transformation. 🦾 --- 🟧 Read the press release: 🔗 https://lnkd.in/g4SYQZRx 🟧 Explore how we can help your business in Germany: 🔗https://lnkd.in/djt992nZ #GrowWithCTP #Brownfields #FutureOfRealEstate #Parkmakers

VGP and Deka Immobilien announced the signing of the third and final closing of their 50:50 joint venture, RED. This #transaction includes a #logistics building located in VGP Park Magdeburg, fully leased to Rhenus Logistics. The building has been developed in a park that was transferred to the joint venture in the first closing. At the time, this asset was still under #construction. The transaction with RED will be the final closing out of a pre-agreed series of three transactions in which the full #portfolio of 20 #buildings has been transferred to the joint venture. The pricing of the full portfolio was pre-agreed at the time of the initial closing. This third transaction consists of EUR 103.5 mln of gross asset value and with the transaction VGP will generate EUR 68 mln in net cash proceeds. Following the completion of this final closing of the joint venture, its #property portfolio is now fully invested and consists of 20 completed buildings representing around 859,000 sqm of lettable area with a 100 pct occupancy rate.

Radoslaw T. Krochta, President of MLP GROUP S.A., summarized the first half of 2024 and presented future development plans in an interview with Property Insider. In a special edition of the magazine “Na Półmetku 2024” (Midway 2024), he emphasized that MLP Group boasts one of the best and most modern portfolios of logistics parks with a European reach, with approximately 70% of the assets having been built in the last five years. In 2024, the Group is focusing on delivering its numerous flagship projects. In the area of urban logistics (MLP Business Park), centers are being developed in Vienna, Schalke (Gelsenkirchen), Łódź, and Poznań. For big-box investments, construction is underway in Poznań, Idstein (near Frankfurt), and Berlin-Spreenhagen. In the coming years, growth in the German and Austrian markets will increasingly impact the company’s financial performance💪. #mlpgroup #propertyinsider #realestate #warehouses

Tuesday, May 14 #Warsaw #Poland - Coffee with Craig Show daily CRE news covering the CEE/SEE/Baltics region with Craig Smith and Winston Norman For interviews and partnerships contact Craig Smith - [email protected] -- Publications 2024/5 - EuropaProperty Investment GUIDE – OCTOBER – EXPO REAL (Messe München) - EuropaProperty Retail Guide - November - MAPIC World 2025 - EuropaProperty Real Estate Guide - MIPIM --- EVENTS 2024/5 EuropaProperty Events –2024 May 23, “Baltic Real Estate Awards” (#SOPOT, #Poland) October 15, CRE Awards (#Budapest) October 24, CEE Investment Awards (#Warsaw) 2025 January 30, Retail Awards (#Warsaw) April 3, SEE Real Estate Awards (#Bucharest) -------------NEWS---------- - REVELOP, the Stockholm-based Sweden-focused real estate investor has secured new equity capital commitments exceeding SEK 2.4 billion for its latest flagship value-add fund. The capital comes from a combination of existing and new institutional investors, with the majority being international. In two individual transactions, a total of 11 assets comprising 70,000 sqm have been acquired, representing SEK 1 billion in asset value. One of the transactions was a portfolio acquisition from Castellum that constituted assets in both #Stockholm and #Gothenburg, in strong urban transformational locations. Thomas Sipos Group CEO and Executive Partner at Revelop.   - A specialist real estate investor has purchased Panattoni Park Poznań XI for €92.5 million. The centre is one of the main logistics hubs for a leading European fashion platform for its operations. “The increasing activity of specialized investors demonstrates the strong fundamentals of the Polish market, enabling the implementation of sector-oriented growth strategies,” commented Michał Stanisławski MRICS, the Head of Asset Disposition at Panattoni. Panattoni Park Poznań XI is a fully fully complex near Poznań comprising two buildings. The tenants are DHL Supply Chain and Arvato, two international supply chain management companies.   - American company Bechtel Corporation, which is to build the first #nuclear #power #plant in #Poland in #Choczewo in #Pomerania, has chosen Equator IV in Warsaw, an office building in CPI Property Group | Poland portfolio, to be the location of the head office of its Polish branch. The tenant was represented by CBRE. Ewelina Nuszczyńska, the senior leasing manager at CPI Property Group responsible for this transaction. - Global apparel retailer UNIQLO announced plans to open its first-ever permanent store in #Poland. The new store, Uniqlo #Arkadia, will be located at Westfield Arkadia shopping centre in Warsaw, and will greet its first customers in fall 2024. Taku Morikawa, CEO UNIQLO Europe, said "We are thrilled to take this next step in Uniqlo's journey in Poland and bring Uniqlo's versatile and everyday essentials to even more people in Warsaw."

Barings has secured the acquisition of a 123,000 sq m GLA logistic park in Moncada, Valencia under a forward commitment structure to Grupo Bertolín, on behalf of a separate account client, for circa €100+ million. Separately, Barings has completed the strategic disposal of a 55,600 sq m logistics asset in Ontígola, Spain, on behalf of a European core real estate strategy, to Fidelity International. José Carlos Torres, Managing Director and Country Head, Iberia, at Barings Real Estate, said: “The demand for high quality, modern, energy-efficient new logistic facilities in Spain, and in Valencia specifically, remains robust. Working with experienced and reputable developers in the logistics sector is a key part of our investment strategy, and we are delighted to secure our first investment in Valencia. Additionally, the successful sale of our investment in Ontigola demonstrates our active portfolio management approach on behalf of our investors. Gunther Deutsch, Head of Transaction Europe and Country Head Germany at Barings Real Estate, said: “We have not seen compelling logistics opportunities in Spain for some time, with the exception of this transaction, which fulfils many of the criteria we are looking for. Beyond logistics, we continue to deploy capital across the living sector—including build-to-rent, build-to-suit, and purpose-built student accommodation—in our core European markets, including Spain, the UK, France, the Netherlands, Italy, Germany, and the Nordics.” Read more: https://ow.ly/r8bT50Uojr2

The significant investment by Ackermans & van Haaren in Van Moer Logistics underscores a growing trend of consolidation and strategic investments in the logistics and supply chain industry. As companies adapt to the evolving economic conditions, investments like these are vital for sustaining growth and expanding operational capacities. This investment also highlights the importance of strategic locations like the Antwerp Port for logistics operations, and the increasing role of real estate in the logistics sector.

Nearshoring in Mexico continues its growth path with a combination of new companies' establishing a presence and many expanding their existing capabilities. Expect to see further expansions of supply chain, a 'spillover effect' from primary to secondary markets geographically and diversification of industries: https://lnkd.in/g5yf6j38