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International Industrial Deal

Behind the Deal
By: SIOR Report
Categories:

China Case Study

DanaWeifang1
DanaWeifang

TRANSACTION TYPE & DETAILS

Date: March 1, 2020

Transaction Type: Lease

Property Type: Industrial

Size: 200,000 sq. ft.

Sale Price: ¥52,000,000 CNY

Referred by Frédéric Schneider, SIOR, who serves this client with corporate services on an international basis including for both Europe and the U.S

Client Objective
  • Additional space for expansion
  • A visually appealing, cost effective structure, while at the same time ensuring that all safety and security requirements were met.
Transaction Profile
  • A land parcel was identified and acquired. Subsequently, a tender was undertaken to identify the best build-to-suit according to the client’s specifications.
  • The new site was successfully developed and handed over to the client on-time and on-budget.
Solution
  • Frédéric Schneider, SIOR, who referred the deal to Bjarne Bauer, SIOR, remained actively involved throughout the process and hosted regular online meetings, including the client’s global head of real estate, the client’s local leadership in China, and the local Chinese brokerage team.
  • Bjarne Bauer, SIOR, and his team carried out a market search as well as negotiation services on behalf of the client on the ground in mainland China.



PARTICIPANTS & INFORMATION PROVIDED BY

Frédéric Schneider, SIOR

Bjarne Bauer, SIOR

 

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The SOCIETY OF INDUSTRIAL AND OFFICE REALTORS®  is the leading global professional office and industrial real estate association. With more than 3,400 members in 686 cities and 38 countries, SIOR represents today's most knowledgeable, experienced, and successful commercial real estate brokerage specialists.