German logistics real estate fund manager LIP Invest has acquired an asset in the Bremen Freight Village from DLH Real Estate.
The manager has invested an unspecified sum to acquire the transshipment logistics property located on behalf of the LIP Real Estate Investment Fund – Logistics Germany V, launched by IntReal.
Completed in 2024, the logistics property is situated on a 41,000sqm site and provides a total lettable area of approximately 9,600sqm.
This includes roughly 8,000sqm of warehouse and logistics space, alongside approximately 1,700sqm of office and social facilities.
David Zimmermann, managing director of LIP Invest, said: “This logistics property in the Bremen GVZ, with its high flexibility for third-party use, represents another important jigsaw piece for our fund.
“The acquisition helps to stabilise a distribution yield of well over 5%. At the same time, we expect additional capital commitments from institutional investors in the short term. We are already gearing up for the next property acquisitions from our secured seed portfolio, ensuring a swift capital call for investors.”
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