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Current Projects
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Wedel, Germany |
full details |
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Industrial and Office
complex at Wedel, near Hamburg, of 50,000m2 purchased for €38m in
partnership with West Coast Capital and Catalyst Capital |
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The Echo Portfolio - Poland |
full details |
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The "Echo" portfolio in
Poland , acquired in 2007 for €9.1m in partnership with West Coast
Capital and Catalyst Capital
Kiecle Shopping Centre
is extends 5,000m2, anchored by Le Clerc. Phase 2 of the development
is about to commence and will extend to 800m2 with Pre-lets to Diechmann and Jysk.
The remainder of the
Portfolio is located in Lodz and extends to approximately 8,000m2,
comprising a multiplex cinema and two office complexes. All are let on
a multi-user basis. |
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Hungary |
full details |
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The "Mocha Negra"
distribution complex in Budapest, Hungary, which will have a fully
developed cost of €30m. The initial phase was purchased in 2007 on an
in-going yield of 8.25% for €7.5m and extends to 10,000m2. It is
occupied by a major coffee distributor, Mocha Negra, which distributes
to Hungary, Poland and Romania.
Planning exists for the
construction of a further 30,000m2 of distribution space and
construction in the second phase which is contracted to commence in
the near future |
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Wiesbaden, Germany |
full details |
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A joint venture with
Tyburn Lane Private Equity . Purchase of an office complex extending
to 27,000 m2 in Wiesbaden for €38m
Frame has the asset
management responsibility, discharged through its German company,
Frame Property Management GmbH |
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Wroclaw, Poland |
full details |
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A4 centre Wroclaw
A shopping centre of
15,000m2 anchored by Pieter and Pavel, valued at €9.1m. |
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