LogiReal News Portal

Valad Europe, the multi-let real estate investment manager, has renewed a lease on 85,338 m² of warehouse and office space at Industriepark Ettlingen, to Daimler AG, accommodating Daimler’s global spare parts distribution.

Renewing its lease on the property for a further 10 years, Daimler will continue to supply spare parts from the site for all Daimler brands including Mercedes-Benz, Maybach and Smart.

Jones Lang LaSalle confirms that it has advised Tesco on the signing of two lease renewals at the end of 2012, totaling 86,400 m² in Slovakia

Tesco has renewed lease agreements for two facilities, totaling 64,475 and 21,646 m² respectively.

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.