DHL Exel Supply Chain (DESC), Europe's largest global supplier of logistics services, has appointed CB Richard Ellis' Cross-Border Industrial and Logistics team to support its expansion across Europe, Middle East and Africa (EMEA).
DHL Exel Supply Chain (DESC), Europe's largest global supplier of logistics services, has appointed CB Richard Ellis' Cross-Border Industrial and Logistics team to support its expansion across Europe, Middle East and Africa (EMEA).
DESC operates from more than 800 locations, totalling 11 million m2 of managed space in Europe alone. The new contract expands CBRE's existing relationship with DESC. CBRE has advised DESC on a number of transactions which include the recent sale-and-leaseback of two major portfolios in the Czech Republic and France for a total of more than EUR 180 mln.
Commenting on the new mandatge, Guy Frampton, head of EMEA Industrial and Logistics for CB Richard Ellis, said: 'A cross-border and integrated approach is essential to successful real estate advice in the current market, in the industrial and logistics sector and indeed all property sectors. Our tenant representation model and comprehensive sector coverage throughout the region was critical to our successful appointment by DHL/Exel Supply Chain.'
