HOCHTIEF Projektentwicklung sells logistics center at Niedersachsenpark
44,000-square-meter hall complex and social area fully let
(firmenpresse) - HOCHTIEF Projektentwicklung has sold the logistics center at Niedersachsenpark near Rieste/Neuenkirchen-Vörden which it completed in 2009: AXA Real Estate Investment Managers acquired the complex for its European logistics investment vehicle. It was agreed that no details of the purchase price would be disclosed. The 42,000-square-meter hall and a separate rental area of 2,000 square meters for offices and social zones have been let to a French carmaker to use it as its North Europe Spare Logistics Center.
This conveniently located complex comprises a conventional pallet shelving unit with a spacious picking area, a hazardous materials warehouse and two annexes for administration and freight scheduling. It is possible to retrofit the complex for other uses as well. The building’s warehouse area can, for example, be expanded by up to 15,000 square meters, or split into several, smaller units. Niedersachsenpark stands on the intersection of the East-West and North-South transportation routes and has its own highway access. The sale was brokered by BNP Paribas Real Estate.
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Unternehmensinformation / Kurzprofil:
HOCHTIEF is one of the leading international providers of construction-related services. With more than 70,000 employees and a sales volume of EUR 20.16 billion in FY 2010, the company is represented in all the world‘s major markets. The Group‘s service offering in the fields of development, construction, services, concessions and operation covers the entire life cycle of infrastructure projects, real estate and facilities. In the USA, the biggest construction market in the world, HOCHTIEF is the No. 1 general builder via its subsidiary Turner and, with Group company Flatiron, ranks among the most important players in the field of transportation infrastructure construction. With its subsidiary Leighton (HOCHTIEF share around 55 percent), the Group is market leader in Australia. Because of its engagement for sustainability, HOCHTIEF has been listed in the Dow Jones Sustainability Indexes since 2006.
HOCHTIEF Solutions consolidates the core business of the HOCHTIEF Group in Europe and in selected regions worldwide. The company plans, develops, builds, operates and manages real estate and infrastructure facilities. HOCHTIEF Solutions is the management company of the Group’s Europe division which employed around 15,000 people around the globe in fiscal 2010. In many regions and segments, the company is a market and innovation leader.
HOCHTIEF Projektentwicklung is a fully owned subsidiary of HOCHTIEF and organizationally related to HOCHTIEF Solutions. Since 1991 the company has been developing, realizing and marketing real estate projects in Germany and abroad and is considered Germany’s leading inner-city developer. Its core business comprises office buildings in central business districts and areas within easy reach of city centers. It also focuses on retail properties, residential properties and accommodation for senior citizens, and the development of entire urban quarters. Hotels, distribution centers and special-purpose properties are also among the product market segments which the company addresses. HOCHTIEF Projektentwicklung does not build up any property portfolio of its own but operates as an “interim investor” with the goal of selling its projects to a final investor as swiftly as possible.
HOCHTIEF Solutions AG
Communications
Gabriele Stegers
Head of Communications Real Estate Solutions
Alfredstrasse 236
45133 Essen
Germany
Tel.: +49 201 824-2282
Fax: +49 201 824-1728
Email: gabriele.stegers(at)hochtief.de
Web: www.hochtief-solutions.com
Datum: 13.10.2011 - 07:58 Uhr
Sprache: Deutsch
News-ID 1045478
Anzahl Zeichen: 0
contact information:
Contact person: Gabriele Stegers
Town:
Essen
Phone: 0201 824-2282
Kategorie:
Real Estate & Construction
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