CB Richard Ellis' Cross-Border Industrial and Logistics team has been appointed by DHL Exel Supply Chain (DESC), Europe's largest global supplier of logistics services, to exclusively support their expansion program across Europe, Middle East and Africa (EMEA).
DHL Exel Supply Chain is Europe's largest global supplier of logistics services.
DESC is the recognised global leader in contract logistics operating from more than 800 strategic locations, totaling 11 million m² of managed space in Europe alone.
This significant contract win reflects CBRE's unique ability to deliver market-responsive knowledge in the current market. This position was strengthened by the strategic alignment earlier this year of the investment, leasing and development arms of CBRE's Cross-Border Industrial and Logistics team, creating a fully integrated international service which fulfils the needs of clients as both investors and occupiers.
Roger Mann, Senior Vice President, DHL Real Estate commented: "CBRE have a good understanding of our needs and an ability to deliver. We value the combination of their local knowledge and expertise and international coverage with strong central co-ordination. It is particularly pertinent in these challenging economic times."
Filip Kozák, Head of Industrial Agency team at CB Richard comments: "The new engagement expands upon CBRE's existing relationship with DESC. CBRE has advised DESC on a number of transactions which include the recent sale and leaseback of two major portfolios in the Czech Republic and France for a total of more than 180 million."