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Primark
Roosendaal
The Netherlands

86,000 SQM LOGISTICS DEVELOPMENT FOR PRIMARK IN THE NETHERLANDS - IN 2 PHASES. INTERNAL FREE HEIGHT 17,25M WITH MULTILEVEL GARMENT-ON-HANGERS SYSTEM LOCATION.

CONSTRUCTION START 2015

LCP Responsibilities

Land Search and Acquisition

Land search in the South-West of the Netherlands for development land that could accommodate the complete Primark project. Negotiation of pricing and conditions with land owners in full transparency with Primark. As project developer, Logistics Capital Partners acquired the land selected by Primark.

Design and Zoning

Application for zoning change to accommodate extra building height. Design and permit application. Representing Primark’s interests with the local authorities.

Contractor Tender

Preparation of technical tender specifications (tailored to Primark’s requirements) and tender of General Contractors in full transparency with Primark. Circa 15% savings generated for Primark through competitive tendering.

Financing and Funding

Procuring of financing and project funding in cooperation with Dietz AG.

Project Management

Management of the project and construction until completion, taking into account the complex fit-out requirements of the occupier.

Asset Management

Logistics Capital Partners is retained as Asset and Property Manager upon completion of the building.

Primark Benefits

Savings

Significant savings generated by competitively tendering land and general contractor. Benefits are shared open-book with the occupier.

Service

End-to-end service taking into account also the Primark fit-out requirements. Joint design team for 2nd phase expansion project.

Completion

On time delivery for tenant operations through accelerated re-zoning process (3-4 months improvement versus normal process) and active construction management.
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