Together with the management board of IIG, Delin will send a new player in the marketplace, Ulogis. The newcomer is ready to storm the industrial and logistic segments, keeping focus on European market for start.
Ulogis aims at becoming a major player in the local real estate environment, focusing on: management and enlargement of IIG’s portfolio, tailor-made industrial and logistics real estate constructions and speculative acquisitions. Ulogis has 29 real estate projects under management.
After IIG filed for bankruptcy, Delin submitted a takeover bid for its assets that include a portfolio of 800,000 sqm as well as IIG’s management team. Thus, Filip Schelfhout, chief executive officer of IIG will take up the same position in the newly-formed Ulogis.
