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By IPE staff2025-01-30T14:37:00+00:00
the urban logistics strategy of pan-European investment manager MARK Capital Management
has acquired a 45,000sqm fully-let warehouse and 38,000sqm of adjacent development land for an undisclosed sum
The assets are located in the Berlin South Großbeeren freight village in East Berlin
The warehouse was acquired with a long-term lease agreement with a logistics service provider
The adjacent land will be developed into around 23,000sqm of warehouse space
The speculative development is expected to be completed in the first half of 2027
said: “This is a flagship deal for our German portfolio
We are taking advantage of the price dislocation and leveraging our unrivalled hyper-local origination capabilities to assemble a market-leading portfolio of last-mile assets during what will be an excellent vintage for European logistics
including our in-house development capabilities
is a differentiator in a crowded marketplace
It ensures we can drive value across a variety of investment opportunities
which was proven through our first vehicle and is being successfully replicated with our second.”
said: “These assets are located in one of the capital’s most desirable logistics locations
being home to a diverse tenant mix which includes some of the world’s leading companies in their respective fields of operation
This deal provides us with a steady income stream from an extremely strong covenant as well as the opportunity for outperformance through best-in-class ground-up development.”
Crossbay has been investing in Germany since 2021 and currently manages 133,000sqm of space
Crossbay achieved a final close for its second value-add fund
representing approximately €1.5bn in investment capacity – including leverage
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Containers parked at a DB Schenker logistics hub in Grossbeeren
overcoming resistance from German labor unions and late attempts by a rival bidder to derail the deal
2022 – CEVA Logistics has signed a multi-year contract extension to continue providing fulfilment services to ASOS at the online retailer’s 80,000-square-meter warehouse in Großbeeren
The state-of-the-art fulfilment center has a capacity to store over 25 million items and ships orders to ASOS customers in 62 countries.
previously through Ingram Micro’s Commerce & Lifecycle Services business
and ASOS started working together at the site in 2014
eCommerce fulfillment and outbound services from the dedicated warehouse
which is strategically located near the hubs of major European parcel carriers
CEVA Logistics employs approximately 3,300 people at the Großbeeren facility
The fulfilment center is almost fully automated and features state-of-the-art technology
a dynamic buffer and an extensive network of conveyors
CEVA’s experts monitor the end-to-end operations from a dedicated control room
These innovations allow CEVA and ASOS to significantly accelerate fulfillment times while optimizing working conditions for employees
For additional information please contact:
media@cevalogistics.com
provides global supply chain solutions to connect people
products and providers all around the world
CEVA Logistics offers a broad range of end-to-end
customized solutions in both Contract Logistics and Freight Management in 170 countries worldwide thanks to its approximately 110,000 employees at more than 1,300 facilities
With pro forma 2021 revenue of US$17 billion
CEVA Logistics is part of the CMA CGM Group
For more information, please visit www.cevalogistics.com
ASOS is a destination for fashion-loving 20-somethings around the world
with a purpose to give its customers the confidence to be whoever they want to be
Through its market-leading app and mobile/desktop web experience
available in ten languages and in over 200 markets
ASOS customers can shop a curated edit of nearly 70,000 products
sourced from nearly 900 of the best global and local partner brands and its mix of fashion-led own-brand labels – ASOS Design
ASOS aims to give its 25.7 million customers a truly frictionless experience
with an ever-greater number of different payment methods and hundreds of local deliveries and return options
including Next-Day Delivery and Same-Day Delivery
dispatched from state-of-the-art fulfilment centres in the UK
CONTACT USFor additional information please contact:
The buyout firm sent letters Monday to Deutsche Bahn’s management and supervisory boards
CVC is appealing directly to the officials with the key points of its latest proposals after the German company signaled a preference for a competing offer from rival bidder DSV A/S
FedEx opens station in the Berlin area: FedEx has expanded its presence in Berlin and opened a station in Großbeeren
a southern suburb of the German capital city
the company opened a station in the Berlin neighborhood of Neukölln
FedEx sorts and bundles packages from customers in the region which are then delivered or sent to recipients in Europe and around the world
Berlin is connected to the FedEx Europe hub at Roissy-Charles de Gaulle airport in Paris with four weekly flights
This allows customers from most of the Berlin and surrounding area to access locations generating 90% of global GDP in one to two business days
About FedEx Express FedEx Express is the world’s largest express transportation company
providing fast and reliable delivery to more than 220 countries and territories worldwide
FedEx Express uses a global air-and-ground network to speed delivery of time-sensitive shipments
by a definite time and date with a money-back guarantee
who asked not to be identified because the information is private
CEVA Logistics has signed a multi-year contract extension to continue providing fulfilment services to ASOS at the online retailer’s 80,000-square-meter warehouse in Großbeeren
The state-of-the-art fulfilment centre can store over 25 million items and ships orders to ASOS customers in 62 countries
eCommerce fulfilment and outbound services from the dedicated warehouse
The fulfilment centre is almost fully automated and features state-of-the-art technology
These innovations allow CEVA and ASOS to accelerate fulfilment times while optimizing working conditions for employees significantly
อัพเดตข่าวสารและบทความที่น่าสนใจในอุตสาหกรรมโลจิสติกส์ก่อนใคร ผ่าน Line Official Account @Logistics Mananger เพียงเพิ่มเราเป็นเพื่อน @Logistics Manager หรือคลิกที่นี่
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Jürgen Dirr (TII Sales area manager sales)
Axel Müller and Susanne Rettenmaier (TII Group presidents)
German specialized transport manufacturer Kamag
has handed over the 1,000th Wiesel swap body lifting truck
The truck has hydrostatic drive and requires little maintenance
TII Sales area sales manager and Wiesel and TruckWiesel business operations
“The interest of the logistics industry in our swap body lifting truck and terminal tractors is growing from year to year
A DB Schenker logistics hub in Grossbeeren
matching the biggest corporate deal in Europe so far this year
The Danish transport company sold a six-part bond dealBloomberg Terminal with maturities ranging from two to 10 years
according to a person familiar with the matter
The deal pulled in investor orders in excess of €29 billion
who asked not to be identified because they’re not authorized to speak publicly about the matter
Staff representatives of the EVG union are planning to vote against the deal at a crucial supervisory board meeting of the German railway operator on Wednesday
EVG chief Martin Burkert said the sale of DB Schenker would lead to job losses and hurt the country as a business location
2024 at 9:09 AM EDTBookmarkSaveDeutsche Bahn AG said bids submitted after the deadline by private equity fund CVC Capital Partners Plc
the latest twist in the €14.3 billion ($16 billion) battle for its logistics unit
Online retailer ASOS is starting work on a new European distribution centre near Berlin
In its first phase the centre will measure 44,000 sq m
with the potential to expand to 90,000 sq m
The new ‘Eurohub’is being built at Log Plaza Brandenburg in Großbeeren which is just south of Berlin
An ASOS spokesperson said: “The building will be operational in 2017 and is a response to business growth across Europe
more than twice the size of our current location
will allow us to further service the growing order rate of our European customers.”
which is being developed by Alcaro Invest GmbH
social areas and 850 parking lots – with an estimated end investment volume of €80 million
CEO Nick Beighton outlined the retailer’s plan for the new site in ASOS’s 2015 annual report: “This new warehouse
will eventually provide us with total capacity of 20m units and represents an extensive project for us over the next four years
with expected total capital expenditure of £60m over this period
Over the next twelve months we intend to invest £20m fitting out the warehouse infrastructure for a manual picking operation
and by early 2017 expect to accommodate 10m units
“We will then be able to move out of our existing Eurohub operation into this new warehouse
Over subsequent years we will further extend
to accommodate automated picking and despatch
as well as automated mini-loads,” said Beighton.