LIP Invest, leading provider of special real estate funds in the asset class of logistics real estate in Germany, is purchasing a distribution property in Barsinghausen, Hohes Feld 1, for the "LIP Real Estate Investment Fund - Logistics Germany IV". LIP reached an agreement with the seller, LIB GmbH, in an off-market transaction.
LIP reached an agreement with the seller, LIB GmbH, in an off-market transaction. During the acquisition process, LIP was supported technically by KAPCO, legally and fiscally by Walch Rittberg Nagel and for the ESG due diligence by ES EnviroSustain.
The hall, built in 2020, is divided into two separate units of almost 5,000 square metres each. The office and social areas account for around 200 square metres. The size of the site is around 18,400 square metres, which provides generous delivery areas. Access is via six ramp gates and four ground-level access gates, two of which are covered. There are 12 car parking spaces on site. Retrofitting a photovoltaic system on the roof surfaces is possible and will be carried out by LIP's partner company AvanLog Solar.
The logistics property is already let to LLW Lagerhaus & Logistik GmbH on a long-term basis. The medium-sized company performs logistics tasks at the location for various companies from the region, that are primarily active in the food and container industries.
Due to its central location in northern Germany and its proximity to the ports of Hamburg, Bremen and Bremerhaven, the location is suitable for supplying the metropolitan areas around Hanover and as a bundling and distribution centre. Time-sensitive air freight can also be handled via Hanover Airport.
"Barsinghausen offers very good conditions for a long-range distribution. The A2 motorway can be reached within one kilometre without passing through town. Hanover's various transshipment facilities, such as the Nordhafen port or the Hanover-Linden terminal, are also in near proximity," says Jan-Nicolai Tröndle, Head of Acquisition at LIP Invest.