Munich, 25 May 2020 – TA Europe acted as technical advisor to pan-European investment manager Europa Capital on the purchase of a portfolio of three logistics assets in north-western Germany, acquired from private ownership. The assets cover a total floor area of 42,600 sqm. TA Europe carried out the full technical due diligence of the three properties, which are located in prominent logistics … Read more
TA Europe has an extensive track record in the logistics and light industrial property sector. In several transactions of single logistic centers or pan European portfolios, we have provided TDDs for vendors and buyers and made sure that our clients could generate maximum value from each deal, including finding workable solutions for managing exceptional risks and potential ‘deal breaker’ issue, by controlling the major risks or establishing smart capex plans, developed to ensure cover for potential higher liabilities and repair issues in the future.
We find from our experience that common technical risks in logistic property transactions are:
- Lack in fire protection or relevant statutory compliance
- End of life cycle and poor water tightness of large roof areas
- Lack of flexibility in terms of alternative usage (such as multi-tenant)
- Floor cracking and structural damage from traffic impact
- Extensive wear and tear in older logistic and warehouse properties
TA Europe has provided TDDs of logistic centers in 10 countries of Europe, with specialist teams comprising senior property professionals with international logistic sector experience, as well as local experts, to deliver tailored solutions every time.
Our project and cost management team has been involved in new build and expansions of logistic center properties. Very often we are asked to support our clients in helping to remove the maintenance backlog of recently purchased buildings, support in managing the repair and refurbishment works, as well other improvements or or even conversions. With help of cost benchmarks, we are able to set up a business plan for the project, which helps to generate more income and higher value of the logistic center properties.
TA Europe also understands the operational aspects of logistic centers and implements the improvement of the asset performance and life cycle costs into their cost plans. We support owners in getting poorly performing logistic centers back on track through reducing operational costs and optimising the life cycle of the elements and installations.
Recent logistic projects
- Coldplay Portfolio, 37 logistic centres, Northern Europe
- FiveOne Light Industrial Portfolio, Germany & Austria
- Hoppegarten Logistic Park, Berlin
- Self Storage, Barcelona
- BMW Designstudio, München
- Hery Park Logistik, Augsburg/Gersthofen
- Logistik Park, Neumünster
Recent logistic projects
Munich, 18.03.2020 – TA Europe has carried out the technical due diligence of the logistics property “Erfurt II – Last Mile Distribution Center” for AEW Invest GmbH. The investment company acquires the property from the project developer GIEAG Immobilien AG. The closing of the transaction will take place in March 2020. The long-term tenant is … Read more
TA Europe is continuing to extend its wealth of technical expertise in the light industrial and logistics sector through having provided pre-acquisition Technical Due Diligence services to Europa Capital, the pan-European real estate investment manager, along with its joint venture partner, Garbe Industrial Real Estate (“Garbe”), on the acquisition of a light industrial and logistics … Read more
TA Europe has conducted Technical Due Diligence for Hoppegarten Property s.à.r.l. of the ‘Gewerbe- und Logistikpark Hoppegarten’, a logistic park located on the eastern periphery of Berlin, which comprised 13 logistic or office buildings, as well as a development site, on a total land plot of ca. 250,000 sqm (57.5 acres). The buildings comprise of … Read more
TA Europe is continuing to extend its technical expertise track record in mainland Spain, through providing pre-acquisition Technical Due Diligence services on two new downtown locations in Barcelona for Bluespace, the leading self-storage operator in Spain. The TA Europe team, which includes first language Spanish speakers based in Berlin and longstanding architect and MEP expert … Read more