Verdion is a real estate investor, developer and asset manager, specialising in the industrial and logistics sector and operating across Europe. Verdion develops high specification facilities for major e-commerce, manufacturing and third-party logistics clients; it acquires strategic development land, and it buys income producing assets with potential for added value through technical innovation and development expertise. Headquartered in London, with offices in Düsseldorf, Frankfurt, Copenhagen, Stockholm and Gothenburg, the company was founded by Michael Hughes in January 2010. It has since created a €2.5 billion European logistics portfolio comprising both new developments and existing assets for value-add investment strategies across the UK, Germany, Benelux and the Nordics. Its current development pipeline exceeds 1.1 million sq m (12 million sq ft).
As the driving force behind iPort since the early 2000s, Verdion has been responsible for organising the project’s land assembly, planning permission, delivery and overall financing, working closely with partner HOOPP.
The Healthcare of Ontario Pension Plan (HOOPP) is a defined benefit (DB) pension plan; with 320,000 members, this $70 billion Candian pension fund is helping build the foundation for a financially secure retirement for Ontario’s healthcare workers.
HOOPP is the owner and funder of iPort, which has a pledged a total financial commitment of over £400 million over the lifetime of the project.
For more details on funding sources and financial incentives that are currently available and that may be of interest to your company please contact Business Doncaster or Verdion.