Press Release, 22 June 2021
Munich, 22 June 2021 – LPA-GGV Munich has advised LIP Invest GmbH, a leading investment manager in logistics real estate, on the acquisition of the brownfield development “Bremer Kreuz Logistics Campus” by way of an asset forward deal.
The modern, DGNB Gold certified logistics property with a total lettable area of 20.600 sqm was completed – earlier than planned – in less than nine months of construction and officially opened on 10 June 2021. A photovoltaic system is installed on the roof. The user of the property, a leading global specialist for technical services in the automotive industry, has already moved into the logistics campus.
Seller is Deutsche Logistik Holding, (DLH) a subsidiary of the Real Estate division of Zech Group. DLH focusses on the development and realization of logistics and industrial properties as well as business parks.
To read LIP’s press release, please click here.
LPA-GGV (Munich): Dr. Bernd Spieth and Katarina Krekovic (Lead Advisors, both Real Estate), Dorothea Schimmel (Public Law), Gerhard Köglmeier (Investment Law)
Inhouse Law: Daniel Pahl