Allianz Actual Property, appearing on behalf of a number of Allianz Group corporations, has entered into a purchase order settlement associated to a portfolio of 5 Grade A logistics amenities in three European nations in a ahead transaction with German logistics chief DHL. Set to finish between Q1 2023 to Q1 2024, the portfolio represents one in all Allianz Actual Property’s largest single logistics sector acquisitions, by way of gross leasable space, thus far: in whole the 5 amenities will cowl over 200,000 sqm.
DHL, chargeable for the event and supply of the property, will occupy at the least 85% of the amenities on long-term leases submit completion. The amenities are positioned within the Netherlands, Poland and Finland and canopy 4 core European logistics sub-markets, together with Eindhoven and Warsaw/Gorzow, with the amenities in Helsinki and Warsaw/Gorzow changing into Allianz Actual Property’s first ever logistics property in Finland and Poland.
The amenities being developed could have trendy technical specs, replicate the DHL Campus idea and turn out to be mission-critical hubs for DHL and its nationwide and worldwide clients.
Every constructing is designed to satisfy the very highest sustainability standards, together with BREEAM Glorious and EPC A scores, and be compliant with EU Taxonomy. They’ll bear a Carbon Danger Actual Property Monitor (CRREM) evaluation to make sure alignment with rigorous decarbonization and vitality effectivity pathways and Allianz Actual Property’s personal net-zero program.
Along with the 5 amenities underneath building, the connection with DHL contains the potential for Allianz Actual Property to accumulate extra amenities in Europe in future.
The logistics sector stays a central focus for Allianz Actual Property on account of its sturdy market fundamentals, together with the e-commerce progress and provide chain re-configuration. The agency’s international logistics portfolio has grown to EUR 14.2 billion in property underneath administration, of which EUR 7.2 billion is in Europe.
Transactions in 2022 embody the ahead buy of Multi Enterprise Hub Mittelrhein, a main logistics middle in Polch, Germany; continued investments with long-term companion VGP; the acquisition of a three-asset, Grade A portfolio within the Nordics; and a seven-year refinancing facility to Intospace for six property within the Netherlands.
Kari Pitkin, Head of Enterprise Improvement Europe, Allianz Actual Property, stated: “This high-profile transaction with a brand new prime companion in DHL additional underscores the worth Allianz Actual Property locations on high-quality logistics property in core markets in each established and fast-growing sub-markets. 2022 has confirmed to offer alternative within the sector and we anticipate to additional increase our European portfolio as we glance forward.”
Joe Mikes, International Head of Actual Property Options at DHL Provide Chain, stated: “We’re very proud to have the ability to supply our shoppers efficient progress alternatives, with warehouses that aren’t solely positioned in core markets and fulfill our shoppers’ wants, but in addition meet the best ESG and sustainability standards. This permits us and our clients to create enterprise alternatives which are suitable with our Sustainability Roadmap, which goals to make each side of the provision chain extra sustainable which after all additionally contains our actual property. We’re very a lot trying ahead to many extra such tasks sooner or later.”