Helios Europe secures 25,300 sq m (272,336 sq ft) pre-let for Project Link Germany
Logistics property investor and developer Helios Europe, in partnership with EPISO, the real estate fund co-advised by Tristan Capital Partners & AEW Europe, has let a 25,300 sq m (272,336 sq ft) logistics centre at Direct Link Park Leipzig, Germany.
The purpose built centre at Direct Link Park Leipzig, will provide 25,300 sq m (272,336 sq ft) of Grade A logistics and office space. Nagel Group, the German owned, pan European logistics company – will use the highly specified temperature-
A ground breaking ceremony, held on the 15th March, kicked off the start of the project with completion of the Nagel Groupfacility scheduled for October 2012.
Michael Hughes, CEO of Helios Europe, the specialist European logistics developer, says: “Following the recent announcement of our partnership with EPISO, it is very pleasing indeed to have signed this new letting to such a strong and successful company as Nagel Group. This transaction reinforces our confidence in the strategic location of Direct Link Park Leipzig and indeed all the Link Project locations. Our success is founded on the exceptional experience of the Helios Europe technical and commercial team and our ability to deliver quality buildings to leading logistics companies on competitive terms.”
Direct Link Park, Leipzig, which will provide over 220,000 sq m (2,368,138 sq ft) of logistics space, is one of three proposed schemes in the Link Logistics Project launched last month by the opportunistic fund EPISO and Helios Europe, with a combined project end value of over €250 million. The other sites are Air Link Park in Berlin which is adjacent to the new Berlin Brandenburg Airport and Inter Link Park, Ingolstadt, close to the Audi HQ and A9 motorway in Bavaria. In total, the three schemes will provide around 350,000 sq m (3,767,492 sqft) of Grade A space for Europe’s leading logistics companies.
The land for the Link Logistics Project was purchased fully serviced with full planning consent in Autumn 2011 and the first pre-let was secured in December 2011at Air Link Park, Berlin, with 15,000 sq m (161,463 sqft) taken by European logistics specialist Dachser GmbH & Co. KG.
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Note to editors:
Tristan Capital Partners is an experienced, independent real estate investment management company specialising in core-plus and value added private equity real estate investment strategies of all property types across the UK and Continental Europe. Headquartered in London, with offices in Luxembourg, Paris, Milan and Stockholm, the firm currently manages three Pan-European real estate investment funds with total assets of €3 Billion (AUM).
For more information please visit www.tristancap.com
AEW Europe is one of the world’s leading real estate managers with €33.6 billion in direct and listed property under management in North America, Europe and Asia with 500 professionals in 13 offices. AEW is an autonomous subsidiary of Natixis Global Asset Management (NGAM), one of the 15 largest money managers in the world with €532.8 billion of assets under management worldwide as of 30 June 2011.
For more information please go to www.aeweurope.com
Helios Europe is one of Europe’s most experienced development and investment companies in the logistics real estate sector.Headquartered in London and Vienna, its management team has been involved in projects in Germany, Romania, Croatia, Austria, Sweden, Slovakia, the Czech Republic, the Baltic States and the UK.
For more information please go to www.helioseurope.eu
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