Logistics locations are becoming urbanised,
but there is a lack of available properties
Focus on
micro-logistics-capable objects
- UrbanMILE® investment strategy focuses on the trend towards urbanisation of logistics and foresees high growth through the dynamics of the e-commerce and Q-commerce megatrends.
- Urban logistics serves the last mile, where the last mile is primarily a unit of time, i.e. a Q-Commerce property is a property if the customer can be served within a maximum of 30 minutes.
- Concentration on urban areas leads to concentration on existing stock, as cities are already built.
- Infrastructure | traffic concept is crucial.
- Properties that provide cash flow but can be qualified for conversion to micro-logistics.
- The investment strategy focuses on the area of commercial real estate with innovative utilisation concepts through flexible-use space.
- Other logistics uses are integrated, e.g. infill centres, to contribute to greater diversification of the portfolio as well as to build future customer relationships.
Strategic
Target allocation
Focus on small urban flexible spaces and infill centres
”UrbanMILE® focuses on the dynamics of ongoing urbanisation. The speed of market introduction is as varied as the users themselves.
Emmanuel O. SteinbeisDirector Portfolio Management Real Estate
The global trends
of urban micro-logistics
Re & Nearshoring
The erosion of global supply chains as a result of the crisis triggered by the Covid 19 pandemic will push European companies to move outsourced production and supply closer to end-user markets.
E-/Q-Commerce
Urban and real last-mile delivery is becoming a decisive competitive factor for e-commerce companies (e.g. Amazon, Zalando pp.) and Q-commerce companies (e.g. Gorillas, Flink pp.). Urban planning competences with the integration of logistics areas in mixed-use neighbourhoods are gaining importance.
Climate change
Decarbonisation and the goal of increasing the quality of life in cities are already limiting access to storage capacity and will increase the restriction to e-mobility transport solutions in the future.
Industry 4.0
In the course of the fourth industrial revolution (Internet of Things), the development will move away from speculative mass production towards small-scale, demand-driven production that seeks proximity to the customer.
Why invest in UrbanMILE®?
Flexible spaces
+++ Smart flexible industrial and commercial real estate for micro-logistics +++ Small demand-driven light manufacturing and commercial facilities +++ Light industrial, urban logistics, B2C deliveries, mixed use, storage, etc.
Markets & Trends
+++ Big city markets in France, Germany, Italy, Poland, Spain, Austria and BeNeLux +++ Access to urban mixed-use commercial space with a spread of approx. 200bps +++ Benefit from the growth of e- and Q-commerce on the last mile +++ Access-restricted city centres due to climate protection, increase in quality of life
Diversified portfolio
+++ Diversified pan-European portfolio of markets and assets | tenants +++ Core+ and value-add risk profile with focus on attractive yield +++ Target volume portfolio of more than €700 million in target markets.
Stable cash flow
+++ Cash-on-cash return >5.6% with a low leverage of <60% +++ IRR of the portfolio of 8.31% based on a 10-year holding period, compounded annually and after all fees, before taxes +++ Acquisition of predominantly stabilised properties with current cash flow
Regulated structure
+++ Luxembourg closed-end SICAV-RAIF +++ Fund management by Pancura S.A. advised by DeA Capital Real Estate Germany +++ Operational management by DeA Capital RE Group European platforms and teams
Experienced team
+++ International and sectoral track record +++ Network of pan-European platforms within the group +++ Local teams with local market networks and access +++ In-depth market knowledge
Your contact person
Emmanuel O. Steinbeis
Director Portfolio Management Real Estate
emmanuel.steinbeis@deacapital.com
T. + 49 89 2462 4887