GARBE Industrial Real Estate GmbH, one of the leading specialists for logistics and industrial properties in Germany and Europe, just acquired a portfolio of four new-build logistics properties for two institutional logistics special AIF that are managed by GARBE. The seller is Goodman. It was agreed not to disclose the selling price. The four new-build logistics properties are situated in the towns of Regensburg, Beselich and Flieden, among other well-established logistics locations. Three of the four properties are already completed.
Among the main tenants are internationally operating high-net-worth companies from the sectors of logistics, e-commerce and filter systems. The acquired assets have a combined lettable area of more than 110,000 square metres, and are fully occupied except for the one in Regensburg. The weighted average lease term (WAULT) is more than nine years.
Source : Company