DPD Logistics Unit
Logistics Development
A modern logistics building located in in a prime location near Zurich airport, Switzerland, comprising of 8,454 sqm and let to a single tenant with a WALT of 12 years, DPD (Schweiz) AG.
The group delivered the sale and leaseback of the newly developed logistics unit, acquired for the defensive nature of the income and the opportunity to acquire a sought after asset in the swiss logistics sector. Managed the development to extend the existing unit by 50%, which was delivered on time prior to the subsequent disposal of the asset for the client.
Key Figures
Location: Zurich, Switzerland
Acquired: 2010
Size: 8,454 sqm
Use Class:
Fair Value: CHF35-40m
Status: Sold