creating solutions for our customers - delin property...7 8 3 active in three countries 770,000...
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Creating solutions for our customers
Corporate Introduction
ABOUT DELIN PROPERTYWe are a long-term investor, developer and asset manager of logistics real estate.
Founded in London in 2012 by a team of pan European logistics real estate experts, we now have operations in the Netherlands, Spain and the UK. We own, develop and manage properties in core European markets and continue to grow our portfolio through acquisition and development, both on a build to suit and speculative basis.
Focusing on the operational requirements of our occupiers, we aim to be their long-term logistics property partner of choice providing fit-for-purpose best in class warehouse facilities across major European logistics hubs.
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3Active in three countries
770,000770,000m2 of investment assets, located across key logistic hubs
500,000500,000m2 development projects in Netherlands and Spain
500,000Over 500,000m2 of leasing transactions completed by the asset management team since inception
1 - Atlaspark, Port of Amsterdam 2 - Distripark, Sittard, Born3 - Fokker Park, Schiphol, Amsterdam4 - Borchwerf 2 Business Park, Roosendaal5 - Atlaspark, Port of Amsterdam6 - Ekkersijt, Son-en-Breugel, Eindhoven7 - Cabot Park, Bristol8 - Agecroft Commerce Park, Manchester
Figures as at Q3 2018. Delin Property is the trading names of Delin Advisors, which is authorised and regulated by the UK Financial Conduct Authority, and Delin Property Management UK Ltd.
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WHAT DIFFERENTIATES DELIN PROPERTY?
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Customer FocusWe listen to our customers and their needs, we support them as they grow and work with them to deliver tailored solutions.
SustainabilityWe fully recognise the importance of sustainability and energy efficiency. It is at the heart of everything we do and thus fundamental to our (re) development approach.
Expert TeamOur team has a wealth of expertise in real estate development and asset management and in combination with our in-depth knowledge of logistics operations and processes, we can offer a full in-house service.
Key LocationsWe focus on well-located and proven distribution hubs that benefit from good connectivity, easy access and good availability of labour.
Tailored SolutionsWe source locations, develop and optimise logistics buildings to customer specifications and create lease structures that address the needs of each tenant.
Long Term CommitmentWe strive to establish personal and warm long-term relationships by listening and providing solutions that work on the long run, considering the markets and business needs of tomorrow.
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BUILD TO SUIT DEVELOPMENTS
Site Selection & ConstructionAfter assisting the client with the site selection, the Delin Property team will oversee the architectural and engineering design of the building, process the plans through the relevant authorities to obtain the necessary permits and construct the facility according to the predefined scope, schedule and budget.
Concept & PlanningBy working with our customers from the conceptual phase, we can offer a comprehensive package which best suits their specific needs.
Combining the specific requirements of the tenants and our knowledge of the logistics processes with our planning and technical expertise, we create efficient and best-in-class products for our customers.
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Project Management & DevelopmentThe Delin Property team is accountable for the project management and the entire building process. A senior team member is assigned to serve as a single point of contact throughout the duration of the project.
Sustainable DevelopmentWe encourage a sustainable approach to the design, construction and use of our assets by embracing innovative design and technologies to deliver solutions with low energy output, carbon neutrality, less waste and using renewable energy sources that all minimise the impact on the environment.
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SUSTAINABILITYCase Study - Strategic repositioning of a logistics park
BackgroundThe property is a 55,000m2 development of 5 logistics units, located in South Limburg, Netherlands, an established logistics hotspot. The units are let to three tenants - industrial supplier Stanley Fastenings, logistics company Kuehne & Nagel and an international leisure and workwear manufacturer, Helly Hansen.
Tenant requestHelly Hansen asked Delin Property to help them to convert the facility to full coverage of 24/7 shifts to match the significant increase in online retail demand, thereby increasing their productivity and efficiency whilst keeping to the same overall cost levels. We upgraded the facilities and funded the conversion of the building to full LED lighting and overhauled the heating systems, thereby reducing overall energy consumption and lighting costs. Delin Property invested a total of approximately €300,000 in these upgrades for the tenant.
By moving from standard lighting to LED lighting there was significant energy savings for Helly Hansen to address their efficiency needs and avoid a move into another facility to fulfil their expanded online retail production.
This transaction concluded the current round of re-gear activity and has resulted in an increased WALT and also led to significant out performance against the valuers’ leasing assumptions for the asset as a whole, resulting in a 12% increase in value.
1 year ahead of the natural lease expiry date a new 6 year lease was agreed.
Installation of LED lighting and heating efficiency upgrades.
6 YEAR LEASE
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The tenant and their solar provider KiesZon were able to proceed with a flagship project that was at that time the largest single roof solarpower project in the Netherlands.
Case Study - Award winning rooftop solar provision
BackgroundThe building is a 55,000m2 property constructed in 2012, to the highest standards of efficiency and sustainability. The building was designed to accommodate a very substantial solar panel array, to be installed at a later date.
Owing to the changing dynamics of the renewable energy market, the tenant found that it was no longer feasible to install and operate the solar panels in a time frame that was compatible with their outstanding lease term.
SolutionDelin Property recognised the value that would be attributable to the installation of the system and agreed to a hybrid lease agreement for the installation, which extended well beyond the tenant’s current lease term. In the event that the current tenant moves out prior to the expiry of the solar panel contract, a yearly allowance of free electricity will pass to the owner of the building, which is equivalent to circa 80% of current consumption.
Building was designed to accommodate a very substantial solar panel array.
55,000m2
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DEVELOPMENT EXPERTISECase Study - Roosendaal
BackgroundDelin Property purchased a well-located plot in the logistics hotspot Roosendaal in the Netherlands and planned to develop a 35,000m2 logistics asset speculatively. Major European food retailer Lidl then approached Delin Property to develop a new e-commerce distribution centre supporting their business growth as an online retailer in the Benelux market.
Tenant request - create a bespoke solutionTogether with the Lidl team, Delin Property worked on the specifications and requirements for the building and the site. One of the major requirements was a larger building than originally envisaged, resulting in the need for an overall larger land plot.
Delin Property successfully secured a number of additional land plots and started to work on the design and engineering. After the rezoning and the building permits were approved, a 10-year lease was signed with Lidl and the construction works for a 58,000m2 building and a parking garage, matching Lidl’s specific requirements, commenced in April 2017. Lidl received early access for tenant fit-out in October 2017 and the building was handed over, fully on schedule, in April 2018.
This e-commerce hub will provide Lidl with efficient end-to-end storage, picking, shipping and returns handling, thereby enabling quicker order fulfilment across the Benelux markets.
The 58,000m2 building, matching Lidl’s specific requirements, and the parking garage were handed over to Lidl in 2018 according to schedule.
58,000m210 YEAR LEASEwas signed upon approval of the permits.
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Video Tour
Designed to achieve a BREEAM rating ‘Very Good’.
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DEVELOPMENT EXPERTISECase Study - Amsterdam Park
BackgroundA new 40,000m2 development of two buildings situated in the heart of the Port of Amsterdam. The development is being delivered in two phases of 20,000m2, phase 1 being a speculative building with 4 modular units of ca. 4,000m2 and phase 2 a build-to-suit (BTS) scheme for CEVA logistics.
The planHaving in mind the Delin Property development philosophy of delivering modern, efficient and sustainable logistics solutions, Amsterdam Park is designed to provide flexible solutions to accommodate the needs of today’s dynamic occupiers. It is an established multimodal location: The Amsterdam area offers the largest airport-seaport-city combination in Europe. The park’s deep-sea port-connected location makes it ideal for both national and international distribution operations by providing transhipment between sea, road, air and rail routes. Easy access to the A5 motorway connects the site to Amsterdam Schiphol airport and the city centre, both in approximately 10 minutes.
Delin Property’s focus on sustainable design means that the building has a high standard of specifications targeting low energy output and carbon neutrality that will result in the reduction of the occupier’s ecological footprint and contribute positively to their financial performance. The elevated parking deck not only maximises the site efficiency, it also creates a distinct office entrance and safe environment where car, truck and pedestrian traffic is being separated.
MULTIMODAL LOCATIONDelivered as a speculative building and a BTS scheme, each of 20,000m2
40,000m2
The deep-sea port-connected location makes this park ideal for both national and international distribution operations.
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Video Tour
Designed to achieve a BREEAM rating ‘Excellent’.
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EXTENSIVE TRACK RECORD AND STRONG OCCUPIER
RELATIONSHIPS
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13Experience in
development projects in 13 countries
3.5m3.5 million
m2 delivered
115Completed developments
& transactions
Our present occupiers:
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Delin Property NetherlandsBeursplein 37
Rotterdam. 3011 AA+31 10 261 9094
Delin Property United Kingdom35 Portman Square
London. W1H 6LR+44 207 487 1220
Delin Property SpainAvenida Alfonso XII, 62
Madrid. C.P 28014+34 91 076 7149
www.delinproperty.com
Tijs DerisonManaging Director Benelux
The Netherlands
M +31 6 22 97 96 48
Jose EspinozaManaging Director
Spain
M +31 6 37 32 55 50
Mark van ProoijenAsset & Leasing Manager
The Netherlands
M +31 6 15 46 58 60
Sara GarciaAsset & Leasing Manager
Spain
M +31 6 59 33 63 99
Bart De SitterDevelopment Director
Europe
M +32 476 22 11 10
Ben RyanHead of Asset Management & Leasing
United Kingdom
M +44 07538 669 190
Jay LeslieAsset & Leasing Manager
The Netherlands
M +31 6 12 51 38 32