Madison International Realty and StoneVest’s DACH region industrial real estate venture has added a German asset to its portfolio.
The partnership has acquired a light industrial property in Mehring, Bavaria, via a 15-year sale-and-leaseback transaction.
The property featuring approximately 15,000sqm of leasable space on a 27,000sqm site is primarily composed of warehouse and production areas, with some additional office space.
Alex Lukesch, head of European investments of Madison International Realty, said: ”This acquisition highlights our ability to identify and successfully acquire top-tier light industrial properties through structured sale-and-leaseback transactions.
“We are committed to working closely with our tenants to support their ongoing business operations, while seeking to maximise the value of these properties on behalf of our investors.”
Wulf Meinel, founding partner of StoneVest AG, said: “The Mehring property aligns perfectly with our strategy to acquire high-quality light industrial assets in well-connected locations. I am pleased that our joint venture with Madison International Realty has now secured its fifth property in Germany, and we look forward to continuing to grow our relationship.
“At the same time, supporting our tenant Hasenkopf in Mehring sustainably and working closely together to create the best possible conditions for their development and production activities is a key priority for us.”
Prior to the latest investment, the Madison International Realty and StoneVest partnership, created in 2023, had already acquired four other assets. These included two long-leased commercial properties in Bavaria and additional assets in Berlin-Ludwigsfelde and Weißenburg.
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