Opportunistic fund European Property Investors Special Opportunities (EPISO) has teamed up with Helios Europe to invest in and develop three logistic parks in Germany with a projected end value of EUR 250 mln.
Opportunistic fund European Property Investors Special Opportunities (EPISO) has teamed up with Helios Europe to invest in and develop three logistic parks in Germany with a projected end value of EUR 250 mln.
EPISO is an opportunistic real estate fund co-advised by Tristan Capital Partners and AEW Europe, while Helios Europe is a logistics developer.
The Link Logistics project comprises Air Link Park Berlin, adjacent to the new BBI Airport, Direct Link Park Leipzig, near Leipzig Airport freight hub, and Inter Link Park Ingolstadt, close to the Audi HQ and A9 motorway in Bavaria.
The three locations will provide a total of 350,000m2 of space for logistics companies.
The joint venture exchanged contracts unconditionally for the purchase of the fully serviced and consented land in Autumn 2011. The JV has also secured its first pre-leasing to European logistics specialist Dachser for 15,000m2 of warehouse and offices space at Air Link Park, Berlin.
Helios Europe was advised by de Morgan & Co with Lewis Ellis representing EPISO.
