The GPT Group’s Post

GARBE Industrial Real Estate Italy (GARBE) continues to expand its logistics #investments in the Italian market announcing the acquisition of a 265,000m² plot of land in Tortona, in the province of Alessandria. The site is fully permitted for #construction, allowing the development of a 102,000m² #logistics complex in a single block. This complex will be one of the largest logistics #properties in Northern #Italy, situated along the key corridor between Genoa and Milan. GSE Goldbeck, a leading European company specializing in the construction of logistics and #industrial buildings, is the general contractor for the project and has already taken possession of the site. The 16-month development project will be LEED Platinum certified, aiming for the highest standards of construction quality and #sustainability. This commitment aligns with Garbe’s ongoing efforts to deliver environmentally friendly developments in Italy, as demonstrated by the Giovi Logistics Park in Silvano Pietra (Pavia) and the facility currently under construction in Covo (Bergamo), both of which are also LEED Platinum certified. The investment targets a highly strategic area chosen by Garbe to meet the growing demand for logistics space in Northern Italy. The project will feature cutting-edge #infrastructure and technological #innovations, positioning the Tortona facility as a key hub in the European freight transport network, located near the Genoa interport. Marco Grassidonio, Country Head Italy of Garbe Industrial Real Estate, said: “The future of the logistics sector in Italy is increasingly moving toward a development model that addresses the growing need for environmental, social and economic #sustainability. The Tortona project fully reflects Garbe's ‘Sustainonomics’ approach. Every new project developed by Garbe minimises environmental impact, brings tangible benefits to the region, creates modern and sustainable infrastructure and is an attractive investment.” Giulia Fradegrada, Head of Investment Italy of Garbe Industrial Real Estate, added: “We are extremely pleased to announce this significant acquisition, which accelerates Garbe’s expansion plan in Northern Italy – a key strategic area where we see substantial development opportunities. These are driven by the increasing European demand for advanced logistics spaces. This operation is part of our investment pipeline, which aims to consistently offer diversification and attractive returns to our investors.” Garbe was assisted by the law firm DLA Piper for the legal aspects and by CBRE for the #technical aspects. https://lnkd.in/eQg2Dh2y

Panattoni is set to begin construction on a new industrial development in the Silesian Voivodeship – Panattoni Park Sosnowiec V. The project will consist of two buildings, covering a total area of over 52,000 sqm. The first tenant, Hebe, will operate a custom-built distribution centre within the facility. For more information, please follow the link in the comments: #development #BTS #distribution

Kiloutou opens first depot in Murcia Kiloutou in Spain has opened a new depot in Mucia, the first the company has opened in the region. The depot is placed at C. Uruguay, 19, Pol. Ind, 30820 San Ginés, around 15 minutes from central Murcia. The company said the location is designed to ensure “efficient logistics and the immediate availability of our machines and tools.” A post on the Kiloutou España LinkedIn page said the depot will offer customers “sustainable machinery and expert advice in your construction projects.” The opening brings its network in Spain, which it first entered in 2015 when it acquired the Rentecnika equipment rental business, to 31 branches. It also follows its acquisition of Spanish rental company ToolQuick Alquiler earlier this year. The deal for Madrid-headquarted ToolQuick added branches in Barcelona, Alicante, Valencia, Madrid, Malaga and Seville to Kiloutou’s footprint in Spain. Kiloutou said the purchase will expand its network and complete its offering with branches dedicated to tools for the construction, renovation and civil engineering sectors. Cyril Brillouet, managing director, Kiloutou Spain, said of the deal, “ToolQuick is our eighth acquisition in Spain but by far the most strategic one. It is one of the few Spanish machinery rental companies with a strong presence in multiple key provinces and with a vocation for growth and expansion. “Our aim at Kiloutou is to support this growth strategy by combining our offering across the Spanish market and sharing the market knowledge of our teams. I would like to warmly welcome the ToolQuick’s 98 skilled, experienced and innovative team members to the Kiloutou Group. For more information on the Construction, Mining Equipment and Allied Industries, please reach us at www.equipmenttimes.in Groupe KILOUTOU Ramamurthy Mayavan Philip Varghese Editor In Chief- EQUIPMENT TIMES #constructionmachinery #infrastructure #contractor #constructionequipment #construction #manufacturing #equipment #machine

Salta Properties has welcomed Trunk Logistics Group to its Nexus Dandenong South industrial estate Trunk will relocate its headquarters to a new and custom built 16,000sqm state-of-the-art warehouse facility. Salta’s Commercial and Industrial Development Director Owen Smith says Salta prides itself on partnering with leading and growing organisations such as Trunk Logistics Group who are equally committed to delivering innovative solutions. “Originally committed to as a speculative build, we worked closely with Trunk to deliver a highly tailored, state-of-the-art logistics facility that caters for the business’ future expansion. It’s partnerships such as this, that create a progressive and thriving precinct and we’re excited to have Trunk Logistics Group as a key partner within our Nexus Dandenong South precinct,” said Mr Smith. Trunk Logistics Group’s Managing Director Mark Mastroianni credits the close partnership with Salta for being able to deliver on the organisation’s unique requirements for a state-of-the-art logistics facility. Read more on The INDUSTRIALIST > https://lnkd.in/g69_Se_G COMMO City of Greater Dandenong Sarah Harding Sam Tarascio Melissa Kidd Justin Purdue Nimai Horton Edward McAuliffe Emma Woodhouse Matt Haddon David Tarascio Andrea Diaz-McKendry Chris Coles Tony Willbourne Kasia Durys Daniel Rush Ashley Shepherd Alexander Ould #industrialleasing #industrialdevelopment #industrialland #industrialnews #industrialconstruction #warehouse #supplychain #logisticsrealestate #industrialproperty #melbre

New Mexico is poised to expand export capacity with a fifth industrial park joining the ranks in Santa Teresa, an industrial area responsible for nearly 70% of state exports. The investment anticipates growing demand in the region as supply chains continue to realign on North American soil. https://lnkd.in/e_ascG4U                                        

Rula Developments has submitted an outline planning application for the #redevelopment of a significant 11.7-acre site close to the M1 in Sheffield with proposals to deliver up to 272,000 sq ft. of new, state-of-the-art #industrial/ #logistics / #warehouse accommodation. The prime site is located just off Europa Way, adjacent to the well-established Sheffield Business Park, and in the heart of the Advanced Manufacturing Innovation District (AMID). Rula acquired the site in November last year and purchased a further frontage plot for larger and more prominent roadside premises. Rula is proposing to demolish the existing factory building being vacated by Tinsley Bridge Group (TBG) with a development has the potential to support the creation of 270 to 500-plus opportunities, depending on the occupier and mix of uses. Anthony Clitheroe, Development Director at Rula Developments said, “We are delighted to submit this exciting planning application to redevelop this strategically important #brownfield site. Our proposals seek to replace the old manufacturing building with extremely high quality, state of the art warehousing space in what is an already well-established #manufacturing and logistics location in Sheffield, just two miles from the M1 motorway. “Indeed, the area is already recognised as a hotbed for cutting-edge industry and is well placed for last mile logistics operators serving the Sheffield City Region. The requirement for high quality, purpose-built industrial accommodation in the region remains high and we have already established strong interest from potential occupiers. We plan to develop the plot in line with occupier demmand. CPP represented Rula on the site acquisition and investment sale and have been retained as agent for the new build alongside Colliers. Architects, The Harris Partnership has designed the scheme alongside Adept Consulting Engineers Ltd and RPP RPP whilst ID Planning is supporting the planning application process. Rula Developments is a privately owned #commercialdevelopment company focusing on identifying and developing sites across the UK for immediate or medium to longer-term strategic development, delivering high quality buildings and schemes. Rula has successfully delivered 1,400,000 sq ft of logistics and industrial space across 168 acres of land and has 2,500,000 sq ft of development either contracted or under development. Projects include the speculative deliveries of Eclipse, a 405,411 sq ft smart space logistics unit in Doncaster, and a 190,598 sq ft prime logistics and office unit at J28 of the M1, Fulwood. https://lnkd.in/eFBUhzs7

With 2.32 million sqm of industrial and logistics space under construction, Poland is the top European market for development activity, says the latest quarterly report from BNP Paribas Real Estate Poland “At a Glance – Industrial and Logistics Market in Poland, Q1 2024”. “At the end of March 2024, Poland’s total industrial and logistics stock reached 32.7 million sqm, up by nearly 10 percent year-on-year. This represents the fastest pace of growth in Europe. Development continues with approximately 2.32 million sqm underway, marking a slight decrease from the previous quarter. The largest volumes of new space under construction are in the ‘Big Five’ markets and near Gdansk and Krakow. Development activity is also gathering pace in smaller markets such as Bydgoszcz-Toruń and Szczecin,” says Martyna Kajka, MRICS, Director of Industrial and Logistics, BNP Paribas Real Estate Poland. For more information please follow the link in the comments: #development #industrial #warehouse

GARBE Industrial Real Estate GmbH is investing €23m to develop an 18,500m2 logistics centre on 32,000m2 in Bockenem, Germany. #GarbeRealEstate #LogisticsCenter #Bockenem #Hildesheim #IndustrialExpansion #RealEstateInvestment #Germany #ModernLogistics #InfrastructureDevelopment #CommercialProperty #europere #topstory #property #story #news #Europe #europerealestate https://lnkd.in/esGDgbPJ

Exciting growth is on the horizon for Altman Logistics Properties as they acquire a 10.5-acre site in Parsippany for the development of Apex Logistics! 🌟 This strategic location at the intersection of I-80 and I-287 will support a 140,000 square foot Class A logistics space designed to meet New Jersey's strong demand for modern, sustainable logistics facilities. I remember when I first explored the New Jersey real estate market—this region's demand for logistics products and its proximity to major hubs like NYC and Newark made it a fascinating area for expansion. Projects like Apex Logistics not only cater to current market needs but also set the tone for the future landscape of logistics in the region. With groundbreaking slated for early 2025, this venture marks the U.S. debut for Renard Investments and DHS Real Estate Management B.V., promising to bring quality, sustainable development to a land-constrained area. 🔹 Do you see more international real estate investments impacting local markets positively? 🔹 What are your insights on the evolution of logistics spaces in high-demand areas like New Jersey? #RealEstate #Logistics #SustainableDevelopment #NewJersey #AltmanLogistics #Parsippany #InvestmentOpportunity

GARBE Industrial Real Estate Netherlands has signed a long-term lease agreement for a logistics building of approx. 16,488 m² in Aalsmeer with De Jong Special Warehousing. The building, located at Ecuadorlaan 11 in Aalsmeer, is a distribution center with 113 parking spaces and is leased as a single-tenant facility. The building is strategically located in a logistics hub near Schiphol Airport and benefits from excellent connections to the A4 and A9. The landlord was commercially advised by Bridgegap - a real estate collective INDUSTRIAL real estate partners. The tenant was advised by Van Gool Elburg Vastgoedspecialisten - A Dils company.