SEB Asset Management has re-let 12,000 m2 of space in the Ciempozuelos logistics park near Madrid to DHL.
SEB Asset Management has re-let 12,000 m2 of space in the Ciempozuelos logistics park near Madrid to DHL.
DHL Exel Supply Chain, Deutsche Post DHL Group's specialist contract logistics company, has extended its lease for 12,000 m2 of space in the Ciempozuelos logistics park near Madrid, Spain, ahead of schedule until 2017.
SEB Asset Management, which acquired the logistics property, comprising 45,700 m2 of space, in 2008 for its open-ended real estate fund, SEB ImmoPortfolio Target Return Fund.
In 2013, SEB Asset Management signed a total of 1,077 leases for an aggregate amount of roughly 445,900 m2 of space on behalf of the funds and mandates it manages.
SEB Asset Management has real estate assets under management of €8.5 bn, comprising total space of over 2.9 million m2 in 21 countries.