PropertyEU
Tristan backs Helios building spree with EUR 100m funding
Date: 21 September 2011
Category: Finance
Private equity real estate firm Tristan Capital Partners is providing EUR 100 mln funding to Helios Europe’s development pipeline.

The funding partnership agreement between specialist logistics developer Helios Europe and the Curzon Capital Partners III fund (CCPIII), a EUR 500 mln vehicle, will invest in European pre-let deals in the Benelux countries, Germany, Austria and Sweden as it seeks opportunities within economies experiencing growth in demand for build-to-suit projects in the logistics sector.

'This funding partnership will greatly accelerate our business expansion,' said Helios CEO Mike Hughes.

Tristan CEO Ric Lewis added, 'Our agreement with Helios Europe is one of several deals we have closed with the Curzon Capital Partners III fund. It represents our focus on securing core plus and value-added yields in a number of target-rich opportunities in Europe.'

This financial backing follows Helios Europe's recent alliance with Dutch developer HGP as well as with Shepherd and Segro to take forward a £400 mln, 534,000 m2 development at Rossington Inland Port at Doncaster in the UK.

Helios Europe has development teams in Vienna and London that manage its pan-European development programme totalling about 1 million m2.
 
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