The acquisition in Leipheim aligns with our aims to diversify the portfolio and offer our investors high-quality logistics assets with secure tenancies across Europe. We believe the logistics sector will remain stable, particularly in strategic locations such as Germany, which offer direct access to transport hubs and major population centres.”
The multi-user logistics property in Leipheim, Baden-Württemberg, is an ideal addition for the European logistics platform. The high-quality space and strong geographical position are two benefits of this property. The strategic location of the multi-user hub between the two logistics hotspots of Stuttgart and Munich means it is well-placed to distribute throughout southern Germany as well as to Switzerland and Austria. The newly developed distribution centre, with a gross lettable area of around 29,000 square metres, is located directly on the A8 motorway. The logistics centre is currently used by three predominantly food-related occupiers with strong covenants of between five and ten years.
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