VW Logistics Unit

Logistics Investment

Logistics hall in eastern Munich, comprising 13,098 sqm and fully let to a single tenant, Volkswagen Original Teile Logistik.

Purchased on behalf of a client as an asset management opportunity to acquire a well located logistics unit in a ‘big five’ German city, with an opportunity to improve the income stream in the medium to long term through development of a high density mixed-use development. The asset was re-geared and initial equity contribution fully repaid, leading to a very strong return profile for the client.

Key Figures

Location: Munich, Germany

Acquired: 2016

Size: 13,098 sqm

Use Class: Industrial

Fair Value: €20-25m

Status: Sold