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Nov 16, 2020 at 4:45 PMDeutsche Logistik Holding (DLH) strengthens its collaboration with Deka Immobilien. The latter is taking over another partial area of approximately 40,000 m² with the BETA site on the ‘Industrial Campus Vienna East’. Construction is set to start shortly, and completion is expected in the third quarter of 2021.
(Bremen/Vienna) With the signing of the contract in Vienna, Deka Immobilien has secured another partial area of the campus, the ‘BETA’ site. The property is intended for the fund portfolio of the investor focused on institutional investors, and the purchase price has been kept confidential.
The project developer and seller is Deutsche Logistik Holding, a company belonging to the family-run Zech Group.
The ‘BETA’ property comprises a planned rental area of 40,000 m², 77 car parking spaces, and several truck parking spaces. Construction will start shortly, with completion planned for the 3rd quarter of 2021, and all halls will be certified with the DGNB quality seal Gold. The construction is speculative, and accordingly, halls are still available for rent!
Deka aims to purchase all properties at the site
Deka Immobilien’s goal is to acquire all properties at the ‘Industrial Campus Vienna East’, which, upon completion, will be Austria’s largest logistics park with a total of 6 hall rows and an overall area of more than 120,000 m²!
The first deal between DLH and Deka was completed in December 2019 with the purchase of the GAMMA 1 and GAMMA 2 areas. The properties ALPHA 2 and GAMMA 3 were also secured contractually in the previous year and are to be included in the fund in December 2020.
“We are very pleased to have Deka not only as a financially strong but also as a reliable partner for the acquisition of our property in Enzersdorf an der Fischa!” explains Christian Vogt, Managing Director of DLH in Austria.
Deutsche Logistik Holding GmbH & Co. KG
DLH develops and realizes a wide range of flexible storage, industrial, and production spaces that are made available at high-quality locations. From smaller units to medium and larger spaces. DLH is a subsidiary of the Real Estate division of the Zech Group, which focuses on the development and realization of logistics properties. The Zech Group is a strategic management holding under which three business areas with operationally active management companies are summarized. With high performance and diversity, the operational companies are active in the areas of Building, Real Estate, and Hotel.
Photo: © Deutsche Logistik Holding
