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    East Gate Logistic awarded Logistics Project of the Year

    GLD's East Gate Logistic park was awarded the Logistics Project of the Year 2007 in Ukraine at the First Annual Europaproperty.com Russia-CIS Premier Real Estate Awards Gala in London.

    The Awards Gala was organized by Europaproperty.com to acknowledge and highlight the growing international significance of the commercial real estate market and related industries in the Russia-CIS region from both a development and investment perspective. Awards were presented for Russia, Ukraine and Kazakhstan as well as other countries in the CIS region for outstanding accomplishments for the year 2007.

    Project Award categories included: Office Project of the Year, Retail Project of the Year, Logistics Project of the Year, Hotel Project of the Year. Projects awarded on the night for Ukraine included Leonardo BC for Office Project, Komod RLC for Retail Development, and the Hyatt Regency Kyiv for Hotel Project. Other winners for Ukraine specific awards included: XXI Century, who were awarded Developer of the Year; Bank of the Year went to Bank Austria/Unicredit Group; Law Firm of the Year went to Baker McKenzie; Agency of the Year was won by DTZ.

    "Being awarded the "European Property Award" for the best Ukrainian logistics project in 2007 showed us once again that projects developed by the GLD INVEST GROUP enjoy international recognition here", Clemens Lehr is pleased to announce.


    East Gate Logistic

    East Gate is a logistics park completed by GLD INVEST GROUP. The park is located east of Kiev, only 5km away from the airport Boryspil and extends to around 50,000 sq m. The total area comprises almost 40,000 sq m of warehousing, over 4,500 sq m of mezzanine storage and over 4,500 sq m of office space.


    GLD INVEST GROUP

    The GLD INVEST GROUP is among the leading international property developers in Ukraine. As a privately held property development company, GLD plans, builds, lets and sells commercial real estate such as logistics and business parks in Central and Eastern Europe. It offers its clients class A properties in prime locations, western standards, an international tenant mix with good credit ratings and solid yields. After years of successful cooperation, the two Austrians Leopold Sandler and Gerhard Zehethofer set up GLD Holding GmbH in the year 1999. At the beginning of the year 2008, projects planned from 1999 onwards, recorded a total value of around €820 million. Properties already completed make up € 80 million of this portfolio, with projects under construction and secured pipeline projects amounting to €260 and €480 million, respectively. This corresponds to a leasable area of around 500,000 m², with an additional 57,000 m² of garage space. The portfolio value showed an increase of 40% last year.

    GLD Invest Ukraine LLC is headed by Clemens Lehr and Christopher G. Hendler. It has more than 30 employees located in Ukraine.


    Kyiv, 5 March 2008


    Downloads

    Photos: East Gate Logistic, GLD INVEST GROUP, Photos may be reproduced free of charge.

    > Pressrelease (Pdf file)
    > Picture 1 (JPEG file)
    > Picture 2 (JPEG file)
    > Picture 3 (JPEG file)



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