Elite Partners Capital acquires logistic centre in Germany

Victor Song, co-founder and chief executive officer of Elite Partners Capital, claims that the stabilising interest rates provides a tactical window of possibility for capitalists to return to the market.

In a June 27 press release, the business claims that the place was obtained by means of the company’s main Elite Logistics Fund II. The Pan-European logistics fund is sustained by a sovereign assets fund, together with an affiliate of family workplaces across Asia.

Elite Partners Capital intends to boost the centre’s environmental, social and governance (ESG) requirements, and expects to attain the DGNB Gold Certification– the certification awarded by Germany’s eco friendly building committee.

The asset was sold by a mutual venture in between worldwide alternative investment organization corporation TPG Angelo Gordon and Germany-based financial investment and property management firm aam2core Holding. The purchase was agented by CBRE’s capital markets team in Germany.

Lentor Mansion Singapore

Elite Partners Capital, a Singapore-based alternative financial investment management business, has obtained an international logistics hub situated in Ettlingen West’s Industrial Zone, Germany. The large-scale multi-user logistics area is near to Stuttgart, the auto capital of Germany.

The industrialized area is served by lots of transportation alternatives, providing straight connections to different motorways, accessibility to the Port of Karlsruhe– a significant inland port around the Rhine waterway, in addition to distance to major global flight terminals in Frankfurt and Stuttgart.

The area covers around 1.94 million sq ft. Greater than 85% of the real estate’s net lettable space is currently tenanted to an automotive giant on a prolonged rental, working as their global logistics center.


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