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Yusen Logistics

Yusen Logistics
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The Challenge

In April 2012 Yusen Logistics selected Cushman & Wakefield as an exclusive real estate agent to support their decision regarding the property solution of a new facility in the D1 location by Prague.

The Solution

As a result of past growth Yusen Logistics had several warehouses in the D1 location and planned to assemble them into one cross-dock facility of approx. 20,000 sqm with start of operation latest in August 2013. C&W helped Yusen to organize developer tender and managed the process in several rounds in respect of timing, technical, financial, operational and risk requirements.

The Results

Yusen Logistics has made a decision in December 2012 to sign a future lease contract with PointPark Properties for a brand new built-to-suite warehouse in PointPark D1 located in Všechromy by Prague. Several milestones implemented in the contract allowed timing and risk management of the project and resulted in delivery of the facility on time.