Dcam Appoints Anthony Butler As Chief Investment Officer

London, 6 February 2018 –

Delin Capital Asset Management (“DCAM”), a leading pan-European logistics real estate owner, investor and developer, announces the appointment of Anthony Butler as Chief Investment Officer.

Based in DCAM’s London office, Anthony will work alongside Managing Director Ekaterina Avdonina and Finance Director Andy Colman, with responsibility for implementing DCAM’s investment decisions across its key markets, as well as driving inward investment to support the business’ ambitious growth plans.

Anthony brings nearly 30 years of international real estate experience. Prior to joining DCAM he spent two years at Generali Real Estate as Global Co-Head of Investment Transactions and Global Head of Indirect Investments, managing and executing the global acquisition and sales strategy, as well as overseeing the indirect property portfolio. He also sat on both the Global Investment and Management Committees. For six years before that he set up and latterly ran TIAA-CREF’s UK and European platform, growing the business to c. £3 billion of assets under management. He was also instrumental in merging the business to help create TH Real Estate.

In 2008 he set up AIM, an independent Property Investment and Asset Management Company. Earlier roles include Head of European Asset Management at MGPA (now Blackrock) and Head of Asset Management, UK, at RREEF (now Deutsche Asset Management). He also has experience working for the major real estate consultancies Donaldson’s (now DTZ) and Hillier Parker (now CBRE). Anthony is a Chartered Surveyor and member of the Investment Property Forum.

Ekaterina Avdonina, Managing Director of DCAM, commented:

“Anthony brings outstanding international investment experience and a proven track record of success derived from working at a number of real estate investment and fund management businesses. We have ambitious plans to rapidly grow the business in 2018 and Anthony will play a key role in delivering this, leveraging his global perspective and significant network to drive forward our existing investment strategy and identify new avenues to grow our logistics investments. We continue to build a talented team at DCAM and I am personally very much looking forward to working closely with Anthony.”

Anthony Butler added:

“It continues to be both a very exciting and dynamic time for the logistics sector. Working with both Ekaterina and Andy, I am very much looking forward to helping DCAM deliver first class investment products and to growing an already successful platform.”


Delin taps Generali exec for CIO - Exclusive

The logistics-focused firm, which partnered with Blackstone last year, is targeting ‘fresh capital.’

Delin Capital Asset Management has hired Anthony Butler as chief investment officer, PERE has learned.The London-based logistics firm created the CIO role effective Monday ahead of a push into new markets and products.

Read the full article on the PERE website here


The 51 most influential women in U.K. real estate

To mark its first Women Leading Real Estate eventBisnow has compiled a list of the 51 most influential, dynamic, exciting and successful women in U.K. commercial real estate. The list is a celebration of the diversity and talent among the women working in the industry in areas ranging from fund management to development, lending and advisory. The list was compiled after consulting with more than 100 senior real estate professionals from across the sector. Yes, there are not enough women in top roles in the sector. And those that are there are not getting paid enough. But these are the exemplars not just of what success looks like for women in real estate, but of what success looks like. Many of them will be joining Bisnow at the event 14 February. But here is insight into who they are and what they do. — U.K. Editor Mike Phillips

Ekaterina Avdonina is managing director of the DCAM team. She was instrumental in establishing the business in 2012 and has grown it into one of Europe’s leading logistics real estate businesses, with joint venture partners including Blackstone.

Previously, Avdonina was with ING Real Estate in the Netherlands and before that was with GVA in Moscow, where she focused on the execution of development projects.

A keen linguist, she is focused on improving her Dutch and Italian language skills, having already mastered Russian, French and English. She also works with several charities.

Read the full article on BISNOW website


Delin Capital Asset Management (Dcam) incluye a España en su plan de inversión

Parece que los fondos internacionales se han fijado en España, en todos los sectores y también en el logístico. Da prueba de lo que estamos comentado que Delin Capital Asset Management (Dcam) ha incluido a nuestro país en su plan de inversión. Con este plan se tiene como objetivo el desarrollo de 900.000 metros cuadrados de nuevo espacio logístico en tres de los mercados europeos más importantes, como son Holanda, Reino Unido y España.

Dentro de España parece que han puesto sus objetivos en Madrid. Esto es lo que opina de esta ciudad el director de desarrollo de Dcam: “Ofrece una oportunidad atractiva para los inversores, ya que la economía doméstica se está recuperando y el aumento del gasto de los consumidores respalda el rápido crecimiento del ecommerce“.

Al parecer la compañía ya tiene claras una serie de oportunidades para invertir. Hay que tener en cuenta que Dcam dispone de 3 líneas de negocio, que son un fondo administrado en 2012, un vehículo de inversión establecido con Blackstone el pasado año con el fin de comprar activos ya existentes y un fondo de desarrollo.

No podemos olvidar que Dcam va a invertir 400 millones de dólares en Holanda para desarrollar unos 390.000 metros cuadrados de espacios logísticos.


Delin Capital ontwikkelt voor 400 miljoen euro aan logistiek vastgoed

Logistiek vastgoed ontwikkelaar en belegger Delin Capital Asset Management (DCAM) is in Europa bezig met de ontwikkeling van rond de 900.000 vierkante meter aan logistiek vastgoed in onder andere het Verenigd Koninkrijk en Spanje. Nederland is goed vertegenwoordigd met in totaal 300.000 vierkante meter met een waarde van 400 miljoen euro.

Delin Capital ontwikkelt voor 400 miljoen euro aan logistiek vastgoed

Dat heeft Delin maandag bekend gemaakt, meldt Vastgoedmarkt. Momenteel is 126.000 vierkante meter logistiek vastgoed  in aanbouw, terwijl de voorbereidingen voor de bouw van nog eens 174.000 vierkante meter gaande zijn. 90.000 vierkante meter is voorverhuurd, het overige deel wordt op risico ontwikkeld.

Nieuw e-commerce dc Lidl

In Moerdijk en Rotterdam werden recentelijk twee projecten van respectievelijk 17.000 vierkante meter en 15.000 vierkante meter voorverhuurd aan logistiek dienstverlener Van der Helm. In Oud Gastel bij Roosendaal is Delin vorig jaar gestart met de realisatie van een nieuw Europees e-commerce distributiecentrum voor Lidl op bedrijventerrein Borchwerf II.

Medio dit jaar start nieuwbouw

Voor 174.000 vierkante meter zijn de vergunningen aangevraagd, meldt de logistiek vastgoed ontwikkelaar. De bouw in Nederland zal naar verwachting medio dit jaar aanvangen.

Nieuw acquisities in VK en Spanje

Doelstelling van DCAM, een Londense ontwikkelaar en belegger met veel Russisch kapitaal, is het realiseren van een totale projectenpijplijn in 2019 van 900.000 vierkante meter aan logistiek vastgoed verdeeld over Nederland, het Verenigd Koninkrijk en Spanje. Om die ambitie waar te kunnen maken heeft DCAM een aantal nieuwe medewerkers aangetrokken in het VK en Spanje en is volop in onderhandeling over nieuwe acquisities in beide landen.

Vraag naar mega-dc’s groeit

Volgens Managing Director Ekatarine Avdonina is er veel vraag van uiteenlopende gebruikers naar zogenoemde ‘big boxes’ dankzij de gunstige economische ontwikkeling. De echte ‘doorbraak’ van Delin in Nederland was in 2014 toen het van DHG voor een bedrag van 75 miljoen euro een distributiecentrum kocht van 107.000 vierkante meter in het Westelijk Havengebied van Amsterdam.

View the article on logistiek here


Steve Mitchell will be working alongside UK development director Don Bailey

IPE Real Assets - January 24th 2018 

CBRE Global Investors, Legal & General, Linkycity, Delin Capital Asset Management, Colliers International, Greystar Real Estate Partners, Tunstall Real Estate Asset Management, AXA Investment Managers-Real Assets, KanAm Grund.

CBRE Global Investors – David Morrison has been promoted to chief investment officer for the Americas. The position was previously held by Vance Maddocks, chief executive for the Americas. Morrison previously held positions as head of portfolio management for the Americas and global head of strategy and research.

Legal & General – Retail expert Alex Mountford has been appointed as a senior asset management for Legal & General’s managed real estate fund. He joins from Linkcity, part of Bouygues, where he was responsible for the retail strategy and mixed-use developments in London and the South East.

Delin Capital Asset Management – Steve Mitchell has been appointed UK commercial director. Mitchell will be working alongside UK development director Don Bailey, with responsibility for developing occupier relationships and generating new stakeholder ties. Prior to joining DCAM, Mitchell spent 14 years at Colliers International, overseeing its industrial transactions activity on behalf of a variety of occupiers.

 

View the article on the IPE website


Dcam Appoints Steve Mitchell As Uk Commercial Director

London, 24 January 2018 –

Delin Capital Asset Management (“DCAM”), a leading pan-European logistics real estate owner, investor and developer, announces the appointment of Steve Mitchell as UK Commercial Director.

Based in DCAM’s London office, Steve will be working alongside Don Bailey, with responsibility for developing occupier relationships and generating new stakeholder ties, supporting DCAM’s commitment to grow its UK logistics portfolio to over three million sq ft in the next two years.

Prior to joining DCAM, Steve spent 14 years at Colliers International, overseeing its industrial transactions activity on behalf of a variety of blue chip occupiers, primarily focused on the food distribution and dot.com logistics sectors. Before that he spent 15 years supporting Sainsbury’s as it built a UK-wide logistics real estate portfolio.

The appointment will add further expertise to DCAM’s UK team following the appointment of Don Bailey last year as UK Development Director, who brings more than 20 years’ experience with leading UK logistics businesses.

Ekaterina Avdonina, Managing Director of DCAM, commented:

“With an ambitious development pipeline in the UK during 2018, Steve brings significant commercial experience operating in the logistics real estate sector, in what is a key geography for DCAM. We look forward to leveraging the relationships he has built with some of UK’s leading occupiers, which will complement those of the rest of the UK team and in an area which is increasingly important in today’s market.”


Delin Capital ramps up Dutch projects, targets UK and Spain

Delin Capital Asset Management (DCAM) targets acquisitions in the UK and Spain as it plans to invest €400m in the Netherlands by mid-2019.

The European logistics specialist said it currently has 126,000sqm of logistics assets under construction and a further 174,000sqm in permitting and site preparations in the Netherlands.

A further 174,000 of sqm of development is currently in permitting, with construction anticipated to commence in the first half of 2018.

In total, the company is targeting a committed development pipeline of 900,000sqm across the Netherlands, UK and Spain by 2019, it said.

To support this plan, Delin Capital said has made a number of senior hires in the UK and Spain and is currently in advanced discussions on a number of acquisitions in both countries.

Ekaterina Avdonina, the managing director of Delin Capital, said: “We continue to see strong demand from a range of occupiers for big box assets, supported by a favourable economic backdrop stimulating exports, retail sales and consumer spending.

“Having built up a strong presence across our key markets and with the talent in place to both further build and deliver on our significant pipeline, we are well positioned to benefit from the ongoing tight supply and lack of new development and deliver significant future value from our investments,” Avdonina said.

Avdonina added that the company expects the wider European landscape to remain favourable for well-established logistics operators as it moves into 2018, “and are excited for the opportunities we are seeing.”

Jose Espinoza, the development director for Delin Capital in Spain, said: “The Spanish logistics market offers an attractive opportunity for investors and developers, as the domestic economy recovers and increasing consumer spending supports the rapid growth of the e-commerce sector.

“We have identified a number of opportunities through leveraging our strong local relationships and look forward to positioning DCAM as a major developer of high-quality logistics assets in the future.”

 

Read article on Real Assets website


Dcam Amasses 300,000 Sqm Dutch Development Pipeline And Targets Uk And Spain

-126,000 sqm under construction; pre-lets secured totalling 100,000 sqm-

London 22 January 2018 –

Delin Capital Asset Management (“DCAM” or the “Company”), a leading pan-European distribution and logistics real estate investor and developer, announces it has committed to deliver a €400mn development programme in the Netherlands by mid-2019, comprising 300,000 sqm of prime logistics space.

DCAM currently has 126,000 sqm of Grade-A logistics assets under construction and a further 174,000 sqm in permitting and site preparations, comprising both build-to-suit (90,000 sqm) and speculative development. It recently secured two pre-lets, totalling 32,000 sqm, with Van Der Helm, a leading Dutch 3PL operator, who has signed long-term lease agreements at Moerdijk, in the Southern Netherlands (17,000 sqm) and at DCAM’s Rotterdam development (15,000 sqm).

A further 174,000 of sqm of development is currently in permitting, with construction anticipated to commence in the first half of 2018.

In total, DCAM is targeting a committed development pipeline of 900,000 sqm across the Netherlands, UK and Spain by 2019.  To support this ambition, DCAM has made a number of senior hires in the UK and Spain and is currently in advanced discussions on a number of acquisitions in both countries.

Ekaterina Avdonina, Managing Director of DCAM, commented:

“We continue to see strong demand from a range of occupiers for big box assets, supported by a favourable economic backdrop stimulating exports, retail sales and consumer spending.

“Having built up a strong presence across our key markets and with the talent in place to both further build and deliver on our significant pipeline, we are well positioned to benefit from the ongoing tight supply and lack of new development and deliver significant future value from our investments. We expect the wider European landscape to remain favourable for well-established logistics operators as we move into 2018, and are excited for the opportunities we are seeing.”

Jose Espinoza, Development Director for DCAM in Spain, added:

“The Spanish logistics market offers an attractive opportunity for investors and developers, as the domestic economy recovers and increasing consumer spending supports the rapid growth of the e-commerce sector. We have identified a number of opportunities through leveraging our strong local relationships and look forward to positioning DCAM as a major developer of high-quality logistics assets in the future.”