
Alpha Industrial drives co-investment strategy forwards / Now more than 600,000 sqm of logistics assets under management / Currently more than 100,000 sqm in development projects
Cologne, April 24, 2012 – As a supplement to its development of quality logistics properties at top locations in Germany, the Cologne-based real estate company Alpha Industrial is now moving more intensively into co-investment and asset management for logistics properties. Together with the team from Tristan Capital Partners, with which it manages the Curzon Capital Partners III (CCP III) fund, Alpha Industrial has just completed the due diligence for a real estate portfolio owned by Prologis, and held the negotiations for the purchase of the six logistics venues in it. The closing was on 29 March 2012. With more than 600,000 sqm under its management, Alpha Industrial is now one of the leading asset managers in the field of logistics and industrial real estate in Germany.
"Alpha Industrial not only brings its know-how in the fields of property management and administration with it to the table, it also gets involved as an investment partner," says Georg Starck, Head of Asset and Property Management at Alpha Industrial. "As an asset and property manager we strive to intensify tenant and customer contacts and improve the performance of the properties. As co-investor we are even more committed to the investment goals mutually agreed upon in the business plans."
With the new participation, Alpha Industrial is continuing on with its successful investment strategy. It recently acquired a 30,000 sqm logistics property in Kirchheim, close to its "Logistikpark München Ost". It is also currently in the process of building a modern logistics property of more than 100,000 sqm for the Media Saturn company redcoon and others in Erfurt, as well as building in Pliening near Munich and Obertshausen near Frankfurt. At the same time, these properties bought together with Tristan Capital Partners offer further potential for development projects, for example in Leipzig near the BMW plant and in Herford.
About Alpha Industrial
Alpha Industrial specialises in the investment in and development, leasing and asset management of logistics and industrial real estate. Alpha Industrial realises major property investments in Germany for trading companies the likes of TK Maxx, e-commerce companies such as Ratioform, manufacturers like Fresenius Medical Care and Cummins and logistics and transport companies like redcoon and Grieshaber Logistik. Alpha Industrial Asset Management, the second company unit, concentrates on the qualified management of industrial and logistics properties. Alpha Industrial is an asset manager responsible for around 600,000 sqm of logistics space at 25 venues in Germany and the Netherlands. Its tenants include leading manufacturers, retailers and logisticians such as Actebis Peacock, Cargill, Cummins, Deutsche Post, Fresenius Medical Care, Geodis, Kühne + Nagel, Meyer & Meyer, Panalpina, Ricoh, Tchibo, Schenker, TK Maxx, Van Uden Logistik and many more.
Media contact and photos:
Alpha Industrial GmbH & Co. KG
Pressebüro:
SH/Communication -
Agentur für Public Relations
Silke Hoffmann
Graf-Recke-Straße 41
D-40239 Düsseldorf
Tel +49 (0) 211/63 96 796
e-Mail: s.hoffmann@
shcommunication.de