Kasmira Jefford, Costar 2 June 2016

Delin Capital Asset Management (DCAM) has launched a new strategy to become a full service leading European logistics real estate company, promoting Ekaterina Avdonina to managing director.

DCAM was founded in 2012, with the aim of buying and managing core logistics assets in the UK and Western Europe on behalf of investors. Avdonina will succeed Christian Jamison who has left
the business to pursue other interests. She has a strong track record in the logistics sector having been chief investment officer since the company was founded, helping to grow its assets under management to over €500m.

To date the company has acted as an asset manager, making investments on behalf of clients solelyinto prime logistics assets in the UK and Benelux. It currently manages a portfolio providing over 550,000 m² of warehouse and distribution space.

Under Avdonina’s leadership, the company plans to change its strategy to encompass the development, ownership, and active management of best in class warehouse and last mile urban logistics distribution properties, which are set to benefit from increasing growth in e-commerce. It has kicked off the new strategy by announcing its first large scale speculative development in the Netherlands of a 40,000 m², €30m GDV logistics warehouse close to the ports of Rotterdam and Moerdijk.

It has also made a string of new hires, appointing construction industry veteran Bart de Sitter as development director and Amos Chia, a former senior investment analyst at Revetas, in its investment team.

Avdonina, said:

“We firmly believe that logistics assets (both big box and urban units) will continue to benefit from strong occupational demand supported by the structural shifts that are taking place in the purchase and delivery of goods driven by E-commerce.”
“With a strong team in place, we are well positioned to identify further investment and development opportunities in order to grow our business and to become a key player in the
European market.