Friday, May 3 2024 | Time 15:23 Hrs(IST)
image
Business Economy


New Urban Logistic Real Estate Opportunity in Russia

Opportunity to invest in the leading Urban Logistic warehousing company in Russia, focused on servicing the e-commerce, last-mile industry.
MOSCOW, Jan. 22, 2020 /PRNewswire/ -- Michael Lange, Jean Francois Ott and Michel Pascalis, who respectively previously founded JLL Russia, Orco Property Group and MLP (Multinational Logistic Partnership), have teamed up to create L.O.P. Urban Logistic, a Russian REIT with the objective of building a portfolio of warehouses focused on servicing the booming e-commerce and last-mile industry with an initial €140 million fundraising campaign starting in January 2020.
"We intend to rapidly become the premier partner of the Russian e-commerce industry, with a primary focus on Moscow: the largest European city. While it is one of the most dynamic logistic real estate markets, it is still largely undersupplied, and we see aligned improvements for real estate yields, lowering interest rates and raising rents at a time when the ruble has stabilized."
(Disclaimer--Features may vary depending on the regions; subject to change without notice.)
Related Files
L.O.P. Urban Logistic Teaser.pdf
Related Images
image1.jpeg
Related Links
https://www.linkedin.com/company/l-o-p-urban-logistic/
More News

Major Currencies up

03 May 2024 | 10:13 AM

Mumbai, May 3 (UNI) Following were the indicative currency rates and travellers' cheques
buying and selling rates.

see more..

Genrobotics launches industrial park in Kerala at ICET

02 May 2024 | 11:51 PM

Kochi, May 2 (UNI) Genrobotic Innovations Pvt Ltd., a pioneer in robotics innovation, has launched an industrial park at Ilahia College of Engineering and Technology (ICET) in Muvattupuzha, which is the first industrial park in a private college in Kerala.

see more..
Adani Green secures USD 400 million from international banks for 750 MW power project

Adani Green secures USD 400 million from international banks for 750 MW power project

02 May 2024 | 9:40 PM

Ahmedabad, May 2 (UNI) Adani Green Energy Ltd (AGEL), India’s largest and one of the world’s leading renewable energy (RE) companies, on Thursday announced USD 400 million financing for its under-construction 750 MW solar projects in Rajasthan and Gujarat by a consortium of five leading international banks.

see more..

Bayer acquires remaining 25 pc stake in Bayer Zydus Pharma Pvt Ltd to secure full ownership

02 May 2024 | 9:36 PM

Kolkata, May 2 (UNI) Bayer Pharmaceuticals Private Limited and Zydus Lifesciences Limited (formerly Cadila Healthcare) on Thursday announced the successful conclusion of their joint venture (JV) - Bayer Zydus Pharma Private Limited (BZPPL).

see more..

AP: Interaction-cum-training program on PULSE held at RINL, Visakhapatnam

02 May 2024 | 8:41 PM

Visakhapatnam (Andhra Pradesh), May 2 (UNI) A one-day interaction cum training programme on PULSE [Profession Utility by Leadership Support & Encouragement] under the auspices of Management Services department was organized at Learning & Development Centre(L&DC) of RINL, the Corporate entity of Visakhapatnam Steel Plant (VSP), on Thursday.

see more..
image