LIP Invest, leading investment manager for logistics real estate in Germany, is acquiring a fully let existing property in Frontenhausen, Sonnenstraße 10, consisting of three individually usable logistics halls.
These halls combine a total logistics area of 25,500 square meters, of which the main hall covers the majority with 22,500 square meters. It can be divided into five units due to two sliding fire protection doors. The size of warehouses 2 and 3 is 1,600 square meters each, while the office and social areas are taking up only 50 square meters.
A photovoltaic system is installed on the entire roof area, which produces around seven times more electricity than is required for the tenant’s own consumption. The 3,230-megawatt hours generated annually can save almost 2,000 tons of CO2 per year.
The property covers a total of 51,000 square meters and offers space for 75 parking spaces. Hall 1 can be supplied via 18 ground-level gates. Trucks can bypass the hall completely for an uncomplicated loading and unloading. In addition, a large canopy enables weather-protected, lateral delivery. Halls 2 and 3 each have two gates at ground level. The outdoor storage area amounts up to 1,700 square meters.
Since 2009, the logistics warehouse in Frontenhausen has been used by an automobile manufacturer, who has also leased it on a long-term basis. The Rudolph Logistik Gruppe – operating worldwide in the areas automotive, system transport, industry and trade sectors – is operationally active as a logistics service provider.
LIP Invest was able to secure the logistics property in an off-market deal. The seller is Matthias Unterholzner from Marklkofen near Dingolfing. LIP received legal and tax support from Goodwin Protector LLP. The technical due diligence was carried out by Cushman & Wakefield, the ESG analysis by ES Enviro Sustain.
“Especially during the Corona-period, the importance of functioning supply chains has once again become very clear. Logistics properties are playing an increasingly important role in the supply chain. Proximity to production facilities or large central warehouses is becoming more and more crucial for success. The logistics location can be reached quickly from the nearby A92 via the junctions Dingolfing-Mitte and Dingolfing-Ost. Furthermore, it benefits from the strong industry in the city triangle of Regensburg, Landshut and Passau and, due to the proximity to Munich Airport, it is particularly suitable for regional and international distribution”, says Bodo Hollung, partner and managing director of LIP Invest.