Press Release, 8 April 2022

Munich, 8 April 2022  – LPA-GGV Munich has advised LIP Invest GmbH on the acquisition of a new logistics property in BMW-Allee 16 in Leipzig.

The deal was structured as a sale & lease back transaction. Project developer and seller is Elflein Immobilien GmbH. The purchase object comprises a property area of 23,000 sqm and a logistics hall with a total lease area of 9,700 sqm. The new distribution centre will handle the worldwide distribution of lithium-ion batteries for a well-known car manufacturer as part of a logistics order.

To read LIP’s press release, please click here.

LPA-GGV has advised with the following team: Dr. Bernd Spieth and Katarina Krekovic (Lead Advisors, both Real Estate), Michael Grabau (Public Law), Gerhard Köglmeier (Investment Law), Aleksandra Hallberg (Tax). On behalf of LIP Invest, the transaction was led by Daniel Pahl (General Cousel).