21 Sep 2011

Helios Europe Secures €100 Million Backing From Tristan Capital Fund For Development Pipeline

Source: Tristan Capital Partners Press Release

Helios Europe, the specialist logistics developer, has secured €100 million of funding for its development pipeline from Tristan Capital Partners, the private equity real estate firm.

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

Mike Hughes, CEO of Helios Europe comments ‘We are delighted to be working with Tristan Capital Partners. They are a truly entrepreneurial and highly successful team with extensive experience in the logistics sector. This funding partnership will greatly accelerate our business expansion.”

Ric Lewis, CEO of Tristan Capital Partners, confirmed “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. The Helios Europe, led by Mike Hughes, is a highly rated team with an exceptional track record in this sector.”

This financial backing follows Helios Europe’s recent alliances, including Dutch developer HGP, which has led to major lease deals being secured in the Netherlands and Belgium, and Shepherd and Segro to take forward a £400 million, 5.75 million sq ft development at Rossington Inland Port at Doncaster in the UK.

de Morgan & Co acted for Helios Europe in structuring the agreement while Tristan Capital Partners were represented by Simon Lewis of Lewis Ellis LLP.

For further information please contact:

Monica O’Neill |  +44 (0)20 3463 8868  |  e-mail: moneill@tristancap.com