APCOA and REEF announce exciting new urban mobility hubs collaboration across 1,500 locations in UK & Ireland

https://www.apcoa.com/press/press-releases/article/apcoa-and-reef-announce-exciting-new-urban-mobility-hubs-collaboration-across-1500-locations-in-uk/

APCOA and REEF are delighted to announce an exciting new partnership which will allow the parties to jointly turn existing locations into distribution and logistics centres for greener, more efficient last-mile deliveries.

The deal supports APCOA's vast network of 1,500 locations across UK & Ireland to maximise value and utilisation for their clients and is a great opportunity for APCOA to deliver further innovative and technology led solutions as part of its Urban Mobility Hub strategy.

The type of new applications REEF will deploy includes its REEF Kitchens, on-demand food and retail services, vertical farms, and MFC (Micro-Fulfilment-Centres).

By working together, APCOA and REEF will positively shape the future of UK towns and cities, turning them into more sustainable and inclusive centres of community and opportunity.

Kim Challis, APCOA's Regional Managing Director for UK & Ireland said: "This collaboration with REEF makes the most of both organisations' innovative and technology-focused strengths. It also provides a wide range of opportunities for the further expansion of APCOA's Urban Mobility Hubs to deliver sustainable solutions and benefits to our clients, customers who use the car parks and to the local communities."

"We're thrilled to be partnering with APCOA to expand our customer reach and re-think the way urban space like car parks are used," said Serdar Erden, EU COO for REEF Technology. "We look forward to partnering together long into the future to bring the best goods services and experiences to more neighbourhoods."

Contacts:

APCOA Press Office: ukpress@apcoa.com or Michelle Clark +44 7818 034484

REEF:

Seven Dials City

James Devas
+44 7885 813 114
james@sevendialscity.com

Joe Carton
+44 7707 693 499
joe@sevendialscity.com

About APCOA PARKING Group APCOA PARKING Group is Europe's leading parking services operator with 50 years' experience operating in 13 countries. APCOA is transforming its car parks into Urban Hubs, providing the physical and digital infrastructure for mobility, logistics, electric vehicle charging, and technology-based services. Customers benefit from innovative and convenient experiences provided by APCOA and its trusted partners which use the car parks to deliver their services. This approach helps reduce emissions in cities by decreasing the volume of traffic for logistic operations and customers searching for parking. By connecting parking, mobility and services for urban life, APCOA is positioned to be an integral part of the digital and physical urban ecosystem.

About REEF REEF transforms urban spaces into community hubs that bring the best goods, services, and experiences to the neighbourhood. With an ecosystem of 5,000 locations, over 200 brand partnerships and a team of over 18,000 people, REEF is the largest operator of delivery restaurants and parking real estate in North America. Backed by visionary investors such as Softbank and Mubadala REEF is expanding globally and aims to be the world's neighbourhood company. By connecting the world to your block, we're making the place you live, the place you love to be.

Read more

APCOA Announces Launch of €665,000,000 Senior Secured Notes Offering

https://www.apcoa.com/press/press-releases/article/apcoa-announces-launch-of-eur665000000-senior-secured-notes-offering/

NOT FOR DISTRIBUTION OR RELEASE IN OR INTO THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA OR JAPAN, OR IN ANY OTHER JURISDICTION IN WHICH OFFERS OR SALES OF SECURITIES WOULD BE PROHIBITED BY APPLICABLE LAW.

STUTTGART (July 9, 2021) – APCOA Parking Holdings GmbH, a limited liability company (Gesellschaft mit beschränkter Haftung) organized under the laws of Germany (the “Issuer” and, together with its subsidiaries, the “Group”), today announced that it intends to offer €665,000,000 in aggregate principal amount of senior secured notes due 2027 (the “Notes”), to be comprised of fixed rate senior secured notes and floating rate senior secured notes. If completed, the proceeds from the offering of the Notes will be used by the Group to (i) fully repay certain of its existing indebtedness, including accrued interest, (ii) fund cash to the Group’s balance sheet for general corporate and working capital purposes and (iii) pay fees and expenses incurred in connection with the offering of the Notes.

There can be no assurance that the offering of the Notes or the other transactions described herein will be completed.

****************

Cautionary Notice Regarding Forward-Looking Statements

This press release contains statements reflecting assumptions, expectations, projections, intentions or beliefs about future events that are intended as “forward-looking statements,” particularly those statements concerning expectations regarding the use of proceeds from the offering of the Notes. A number of risks and uncertainties could cause our actual results to differ materially from current projections, forecasts, estimates and expectations relating to us. Any or all of these forward-looking statements may turn out to be wrong. They can be affected by inaccurate assumptions or by known or unknown risks, uncertainties and other factors, many of which are beyond our control.

Disclaimer

This press release shall not constitute a solicitation of a proxy, consent or authorization with respect to any securities and shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any states or jurisdictions in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.

The Notes are being offered only to qualified institutional buyers in accordance with Rule 144A under the U.S. Securities Act of 1933, as amended (the “Securities Act”), and outside the United States in offshore transactions in accordance with Regulation S under the Securities Act and, if an investor is a resident of a member state of the European Economic Area (the “EEA”) or of the United Kingdom, not to a retail investor. The Notes have not been registered under the Securities Act or the securities laws of any other jurisdiction and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.

Promotion of the Notes in the United Kingdom is restricted by the Financial Services and Markets Act 2000 (the “FSMA”), and accordingly, the Notes are not being promoted to the general public in the United Kingdom. This announcement is for distribution only to, and is only directed at, persons who (i) have professional experience in matters relating to investments falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005, as amended (the “Financial Promotion Order”), (ii) are persons falling within Article 49(2)(a) to (d) (high net worth companies, unincorporated associations, etc.) of the Financial Promotion Order or (iii) are persons to whom an invitation or inducement to engage in investment activity within the meaning of section 21 of the FSMA in connection with the issue or sale of any securities may otherwise lawfully be communicated or caused to be communicated (all such persons together being referred to as “relevant persons”). This announcement is directed only at relevant persons and must not be acted on or relied on by anyone who is not a relevant person.

This announcement is not a public offering to any retail investors in the EEA or the United Kingdom. For these purposes, a retail investor in the EEA means a person who is one (or more) of: (i) a retail client as defined in point (11) of Article 4(1) of Directive 2014/65/EU (as amended, “MiFID II”); or (ii) a customer within the meaning of Directive (EU) 2016/97 (as amended, the “Insurance Distribution Directive”), where that customer would not qualify as a professional client as defined in point (10) of Article 4(1) of MiFID II. For these purposes, a retail investor in the United Kingdom means a person who is one (or more) of: (i) a retail client, as defined in point (8) of Article 2 of Regulation (EU) No 2017/565 as it forms part of domestic law by virtue of the European Union (Withdrawal) Act 2018 (“EUWA”); or (ii) a customer within the meaning of the provisions of the FSMA and any rules or regulations made under the FSMA to implement the Insurance Distribution Directive, where that customer would not qualify as a professional client, as defined in point (8) of Article 2(1) of Regulation (EU) No 2017/565 as it forms part of domestic law by virtue of the EUWA.

The distribution of this announcement into certain jurisdictions may be restricted by law. Persons into whose possession this announcement comes should inform themselves about and observe any such restrictions. Any failure to comply with these restrictions may constitute a violation of the securities laws of any such jurisdiction.

Read more

APCOA URBAN HUBS are Providing the Physical and Digital Service Infrastructure for Sustainable Urban Life

https://www.apcoa.com/press/press-releases/article/apcoa-urban-hubs-are-providing-the-physical-and-digital-service-infrastructure-for-sustainable-urban/
  • APCOA opens its car parks as Urban Hubs to provide the physical and digital infrastructure for strategic partners in mobility, electrification, logistics and on-demand services.
  • With the strategic expansion of its product portfolio, APCOA forms an integrated ecosystem of Smart City and Smart Mobility services and actively contributes to the sustainable transformation of urban areas and the reduction of CO2 emissions
  • APCOA sees substantial revenue potential by opening its more than 1.5 million parking spaces and over 1.9 million sqm available logistics space for urban logistics, mobility, electric charging infrastructure and technology services
  • Real estate owners benefit from embedding their properties in the digital urban ecosystem and gain access to APCOA's exclusive network of partners
  • APCOA's strategic partners include Bosch, BVG, Daimler, E.ON, HERE Technologies, Sixt and UFO Drive amongst others

Stuttgart, 19. February 2021 - APCOA PARKING (APCOA), Europe's leading parking space operator, has launched APCOA URBAN HUBS to create an integrated ecosystem for the future-ready and sustainable use of parking spaces. To develop and implement their own business models, strategic partners get access to the physical and digital infrastructure of APCOA. Customers on the other hand, benefit from an expanded range of innovative services and products. Lastly, the asset values of real estate owners are enhanced by higher frequencies due to a wide range of additional use cases based on APCOA's strong network of strategic partners.

"The digital and on-demand economy, especially in the field of mobility and logistics, needs a physical basis and a smart and flexible infrastructure. With more than 11,000 sites we have created Europe's largest network of digitally connected car parks. Our hubs combine parking with logistics and technology services, shared mobility platforms and charging infrastructure for electric vehicles - and are already making a major contribution to creating the Smart Cities of the future", explains Philippe Op de Beeck, CEO of APCOA PARKING Group.

Under the APCOA URBAN HUBS brand, APCOA is extending the functionality of its car parking facilities, integrating them into a dedicated digital ecosystem based on the company's proprietary digital platform, APCOA FLOW. All car parks are thereby transformed into potential hubs for a broad range of sustainable services. The company's initial focus is on multi-storey car parks in inner-city areas. These locations offer the greatest potential for improving the efficiency of last-mile logistics, reducing inner-city logistics traffic and, as a result, achieving substantial reductions in CO2 emissions. By increasing the provision of electric charging infrastructure, APCOA URBAN HUBS also actively support the mobility transition to electric mobility. City dwellers and commuters without own parking space or charging station will find a suitable offer in APCOA's URBAN HUBS. Only with a guaranteed access to this infrastructure the purchase of an electric vehicle becomes appealing.

"Over the next few years, we want to continuously expand our network of several hundred APCOA URBAN HUBS throughout Europe. For car park owners, our expertise creates value by diversifying cash flows and enabling a sustainable strategy that has a positive impact on the long-term value of their assets. Currently, we are engaged in promising talks with a large number of potential partners. All of them appreciate our high location density and the fact that 230 million consumers are reachable around our properties in European city centres. Consequently, our current and potential partners are keen to take advantage of APCOA's advanced digital network to enhance their own business models", explains Op de Beeck. Currently, Bosch, BVG, Daimler, E.ON, HERE Technologies, Sixt and UFO Drive are amongst the strategic partners of APCOA.

The APCOA brand has long been synonymous with the consistent implementation of a comprehensive digital and innovation strategy. In 2018, the company launched APCOA FLOW, its multi-award-winning, scalable platform that provides its partners with integrated, contact-free access to inner-city car parks via individual interfaces. "As a result, we are very well positioned to meet the challenges associated with evolving parking space usage and the requirements of cities and municipalities. It is only by anticipating and actively helping to shape fundamental economic and societal processes that we will be able to successfully adapt to and benefit from these changes", says Op de Beeck.

Urban Hubs is APCOA's answer to some of the greatest trends of this day and age: the significant growth of online and on-demand commerce, which drives demand for inner-city logistics space, increasing urbanisation and the rise of electric mobility.

Read more

APCOA launches services at the new Berlin Brandenburg Airport

https://www.apcoa.com/press/press-releases/article/apcoa-launches-services-at-the-new-berlin-brandenburg-airport/

APCOA PARKING Deutschland GmbH, Europe’s largest parking lot operator, has celebrated the launch of services at the newly inaugurated Berlin Brandenburg Airport (BER).

  • Car park with spaces for 17,000 vehicles
  • Ticketless drop-off zone with innovative number plate recognition system
  • State-of-the-art taxi rank with dedicated taxi driver app
  • Management of more than 2,500 luggage trolleys at 113 stations

Stuttgart/Berlin, 05 November 2020 - APCOA PARKING Deutschland GmbH, Europe's largest parking lot operator, has celebrated the launch of services at the newly inaugurated Berlin Brandenburg Airport (BER). APCOA's on-site teams are managing the airport's multi-storey car parks, outdoor parking areas and parking control centre. APCOA is also responsible for taxi and baggage trolley management.

The new BER airport has 17,000 car parking spaces for visitors, travellers, airport employees and car-sharing providers at Terminal 1, Terminal 2 and Terminal 5 (formerly Berlin Schönefeld Airport). This is equivalent to 25 football pitches spread over 35 parking levels. From the state-of-the-art parking control centre, APCOA employees are able to monitor all of the airport's parking facilities and pay machines, control well over 100 barriers and oversee all aspects of the car parks' innovative parking technology. They are also available to provide immediate customer service on site.

"The opening of BER airport marks yet another major milestone in our company's fifty-year history. We are delighted to have been appointed to manage parking facilities and provide a wide range of additional services, not only here, but also at more than 60 airports across Europe. We have already established a very close relationship with the airport's operating company, Flughafen Berlin Brandenburg GmbH (FBB), which is certainly important, especially in these particularly challenging times. Now we are expecting the first passengers and for the use of our facilities to accelerate rapidly once the Covid-19 pandemic is back under control", says Philippe Op de Beeck, CEO of APCOA PARKING Group.

10 free minutes for drop-off and pick-up With its automatic number plate recognition system (ANPR), the airport has the most technologically advanced terminal access road in Germany. A particular benefit of ANPR is that it enables ticketless parking in the 650-metre drop-off/pick-up zones. Cameras automatically recognise vehicles' number plates and open the barrier for them. The system gives drivers ten free minutes to drop off passengers. If they choose to stay longer, they can pay quickly and conveniently by entering their number plate at the payment machine.

Alternatively, customers in the P1, P3, P7 and P8 car parks can also use the APCOA FLOW parking app, which enhances the entire parking experience on a number of levels. APCOA FLOW recognises users via their cars' personalised RFID chips and automatically manages the entire parking process. There is no need to take a ticket when entering the parking lot and no need to queue at a ticket machine either; payments are processed via the method specified by the user in the app. APCOA FLOW allows users to enjoy contactless and cashless parking.

"We are convinced that we will overcome the challenges facing the travel and parking industries together. Against this background, we couldn't be more delighted that Berlin Brandenburg Airport has now opened", explains Hansjörg Votteler, Managing Director of APCOA PARKING Germany. "With our comprehensive portfolio of services, APCOA offers everything to make travelling as convenient and easy as possible. This, combined with its employees' extensive airport parking management experience, are what make APCOA such a strong partner for FBB".

Guests who want to park their vehicles in the airport's long-stay car parks can also book their parking spaces in advance online at https://ber.berlin-airport.de/. The online booking service is managed by APCOA and offers favourable conditions and regular discounts. The system also allows drivers to amend their bookings at no extra cost. APCOA offers day parking spaces from as little as EUR 19.00. Holidaymakers can park at BER for as little as EUR 29.00 per week. This offer is valid for bookings made by 30 November 2020 and for parking until the end of March 2021.

Intelligent taxi management
APCOA is also responsible for managing taxi traffic at BER Airport so that guests can arrive and depart with the maximum comfort and convenience. BER has taxi ranks at Terminals 1 and 5, which together provide space for 750 taxis and three loading zones. "Over the years, FBB has entrusted APCOA to manage taxi traffic at all Berlin airports. With our fully automated system - in conjunction with the new TMSpro app for taxi drivers - we are now also ensuring the seamless transport of guests at BER", says Votteler.

The system optimises taxi traffic and saves time, creating numerous benefits for both travellers and taxi drivers. Transponders installed in individual taxis guarantee that taxis arrive and leave the taxi ranks as and when they are needed, thereby reducing overall traffic volumes at the airport. Taxi drivers are able to park their cars in waiting zones - the system registers the time of arrival via their transponder and ID number. The taxis are then summoned to the rank when they are required. The system is also set up to efficiently manage special requests, such as for large taxis or taxis with child seats. Via displays in waiting lounges, the TMS website and the new TMSpro app (available for iOS and Android), taxi drivers can keep an eye on all ranks, including details of forecast waiting times.

Baggage trolley management takes the strain out of travelling
Managing baggage trolley traffic and ensuring that travellers have the trolleys they need, where they need them depends on having the right infrastructure in place. "For us, baggage trolley management is a flagship service and direct reflection of customer satisfaction and service quality at the airport. Our highly efficient service is based on strategic planning and effective organisation", says Votteler. APCOA employees manage up to 2,600 baggage trolleys at 113 stations, including 3 platforms, depending on flight schedules. The extensive baggage trolley management experience APCOA has amassed at Berlin Schönefeld (SXF) and Berlin Tegel (TXL) airports will allow the company to coordinate the 650 trolleys in the arrival zone alone.

"Our contract at BER gives us another great opportunity to further cement APCOA's status as a leader in serving Europe's major airports. I am extremely proud of my teams and I would like to thank everyone who has been involved in the project for their hard work and enormous commitment over the weeks and months leading up to the airport's official opening", enthuses Hansjörg Votteler, Managing Director of APCOA PARKING Germany, as he reflects on the opening of the new Berlin-Brandenburg Willy Brandt Airport.

Supplementary information:
Photos for press publications must credit the author BER and the respective photographers: Günter Wicker and Ekaterina Zershchikova
Video on the ANPR system at the drop-off/pick-up zone: https://www.youtube.com/watch?v=Ywdm8VrP8t8 Link to TMSpro in the app stores

Your contact for additional information, expert interviews and any other enquiries
Britta Braig | Director Marketing
APCOA PARKING Deutschland GmbH
Luftfrachtzentrum 605/5 in 70629 Stuttgart
presse[at]apcoa.de

About APCOA PARKING Germany
APCOA PARKING Deutschland GmbH is based at Stuttgart Airport and manages more than 230,000 parking spaces at around 300 sites in more than 80 cities across Germany, including parking spaces in city centres and at airports, trade fairs, hotels and hospitals. In 2019, APCOA was recognised as the fairest company in the parking facility management industry by the leading magazine Focus Money.

APCOA's free parking app, APCOA FLOW, enhances the parking experience for consumers and business customers in over 200 selected car parks. The app's benefits include ticketless access and automatic billing, making queueing at pay machines a thing of the past. The app's users can also specify their preferred payment method and keep track of all of their parking transactions either in the app or via email. No more stretching for a ticket at the barrier, no more looking for change at the payment machine. For all fans of contactless parking, the app is available now in the Apple App Store and Google Play.

Here's how it works:

  • Download the free app for iOS or Android from the Apple App Store or Google Play
  • Open the app, register and order your free chip card
  • Find the most convenient car park in the app and enjoy an entirely new parking experience
  • https://www.youtube.com/watch?v=IttZsPeE980

Simply contact us and we'll send you a free promotional code to test the app.

Read more

Press contact

APCOA PARKING Holdings GmbH

Sebastian Merkle
Flughafenstr. 34
70629 Stuttgart-Airport
T: +49 711-94791-652

Contact


APCOA News & Press Releases

 
 

All our car parks remain open for our customers! For everyone who needs to stay mobile during the lockdown, we are still there and supporting with our services. More...