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    GLD is the first developer to start construction of A-class logistic park in Odessa

    GLD INVEST GROUP has started construction of the first unit 60,660 m² A-class unit in the logistics complex "Odessa Logistic Park "

    On 15 February 2008 GLD has officially started construction works of phase 1 with gross area of 60,660 m², which will introduce warehouse space of 47,460 m² including 13,200 m² of office/mezzanine space. Odessa Logistic Park is one of the largest logistics complexes in Ukraine comprising three warehouse units built to western specifications, including office and mezzanine premises. The park has a favourable location on the Kyiv-Odessa highway, only 5 km from the city boundary of Odessa.

    "There is still potential around Kyiv, but we also decided to invest into the regions, where modern logistic parks do not exist at all. That is why we started construction of OLP (Odessa Logistic Park) near Odessa and secured a land plot on the Zaporizhzhya-Dnepropetrovsk highway, where we will start construction in spring 2008", says Clemens Lehr, Managing Director, GLD Invest Ukraine LLC.


    Western specifications

    The offices are fully fitted out, with fibre optic lines if required. The concrete floors of the warehouse, with an anti-dust overlay, have a load capacity of 5 tons per sq m. The warehouse has a column grid of 12 m x 24 m, the clearance height is 12.2 m. For each 850 m² of storage space, there is a loading bay with dock leveller. Even with an outdoor temperature of 24°C below zero, a room temperature of +5°C can be reached. A sprinkler system protects the facility against fire. The guarded and fenced territory offers 1 truck parking space and 2 spaces for cars per 1000 m² of warehouse 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

    Visuals: Odessa Logistic Park, GLD INVEST GROUP, Visualization may be reproduced free of charge.

    > Pressrelease (Pdf file)
    > OLP Picture (JPEG file)



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