International Industrial Properties (IIProp) is a growing logistics platform focused on investing in industrial and logistics space in key European markets.
Sale of two logistics assets in Germany and Spain with a total GLA of 70,000 sqm.
Start of development of a new light industrial park spanning 12,000 sqm in France.
Sale of two built-to-suit projects in Germany over EUR 110m.
The start of work on development of projects in countries like France, Italy and Austria.
Platform’s expansion across multiple European economies
First projects in the Netherlands and Poland secured for total of 99k sqm GLA
Platform expansion within established markets of Germany and Spain – 70k sqm GLA added across 3 projects
- IIProp is owned by Madison International Realty and Griffin Capital Partners
- The platform is developed in partnership with Panattoni, a leading developer of industrial real estate in Europe & US.
- The platform is well established and capitalized for further growth towards a strategic EUR 1.5bn portfolio value target
- Future projects are strategically sourced within established markets of the Netherlands, Spain and Poland as well as new markets earmarked for entry (France, Italy, UK, Sweden)
IIProp’s current portfolio comprises of 8 projects in key logistics hubs in Austria, France, Italy, Netherlands, Poland and Spain. The total potential GLA of IIProp’s secured and pipeline projects amounts to ca. 405.000 sqm.