LIP Invest buys logistics property south of Berlin

LIP Invest buys logistics property south of Berlin

LIP Invest, leading investment manager and fund initiator for Logistics Real Estate in Germany, acquires a property in Thyrow, Ahornstraße 1 and 6, for one of its logistics funds. It consists of an existing building and a new building, both of which are leased on a long-term basis. A planned extension with 2,400 square meters will be completed in 2022 and is currently for rent.

Fiona Nitschke

9

.

Dec

2021

The seller of the logistics real estate is BREMER Projektentwicklung. For the off-market deal, LIP received technical support from CBRE, legal support from DLA Piper, tax support from WTS as well as from ES EnviroSustain for the ESG due diligence.

The purchased land area amounts to a total of 33,300 square meters. The logistics buildings combine a total rental area of around 14,700 square meters. Two loading gates with dock levellers and one ground level gate are available for deliveries to the existing building, while the delivery to the new building takes place via one ground level and a ramp door with a dock leveller. The planned extension will be equipped with 4 ramp gates and one ground-level gate. The logistics buildings provide 51 parking spaces. The existing building has a hall height of 7,70 meters with a surface load of 5 tons per square meter. The static of new building constructed in 2021 allows installing a photovoltaic system.

Advantageous location close to BER airport

A service provider in the field of communication technology has been using the existing building as an archive for more than 10 years and is renting it together with the new building on a long-term basis. Thyrow is advantageously located in the south of Berlin and ranks among the logistics and metropolitan region of Berlin/Brandenburg. In addition to Berlin, other key markets in the cities of Magdeburg, Leipzig/Halle or Dresden can be served quickly. The location is suitable for supplying the surrounding metropolitan areas as well as for central deliveries. The “Berliner Ring”, the A10 motorway, can be reached in seven kilometers and connects the location with all logistics-relevant modes of transportation in the region, including the Westhafen and BER Airport.

“In Thyrow we are acquiring an attractive logistics property for our portfolio with a very advantageous location near the Berlin metropolitan region. It is characterized above all by its proximity to the logistics location Ludwigsfelde, the BER Airport, and the nearby GVZ Großbeeren, which is one of the most powerful freight transport centers in Germany”, explains Sebastian Betz, Managing Director of LIP Invest.

Weitere Mitteilungen