LogiReal News Portal

Delin Capital Asset Management, (‘DCAM’ or the ‘Company’), a Jersey-registered real estate investment advisor and asset manager focused on investments in logistics assets in the UK, Belgium and the Netherlands, has today announced the acquisition of the second and third purchases, for a total consideration of €28 million, for its €400 million Capital Preservation Portfolio I, (‘CPP I’ or the ‘Fund’), its inaugural core logistics fund launched in November 2012.

PointPark Properties (P3), pan-European real estate asset manager and developer of warehouse properties has recently secured a new leasing deal for a total of 30.060 m2 with global logistics provider Dachser for its Savigny-sur-Clairis logistics park in Burgundy. Savigny is benefitting from the displacement effects of spiraling costs in the neighboring Île-de-France Paris metropolitan region.

Logistics property investor and developer Helios Europe, has let a further 21,030 m² at its €250 million Link Logistics Parks in Germany.

The latest transactions take the total amount of space let in the last twelve months to over 62,000 m². Link Logistics will provide 350,000 m² of Grade A warehouse space in three locations across Germany. 

DekaBank Deutsche Girozentrale has financed the acquisition of two German logistics properties for a fund owned by a Joint-Venture between Goodman Group and Chambers Street Properties, which is a self-managed REIT headquartered in Princeton N.J. The loan volume totals €63 million.