German logistics specialist LIP Invest has acquired a newly built logistics centre in Tornesch near Hamburg, Lise-Meitner-Allee 7, for one of its logistics funds.
The plastics wholesaler thyssenkrupp Plastics, a subsidiary of thyssenkrupp Materials Services, has signed up as tenant.
The seller of the property is Peper & Söhne Projekt GmbH from Bremen. LIP has already successfully completed several transactions with the project developer.
Goldbeck Nord, Bremen branch, planned and built the logistics property as general contractor.
Bodo Hollung, partner and managing director of LIP Invest said: 'Tornesch benefits from its immediate proximity to the Hanseatic City of Hamburg, one of the most important and economically strongest regions in Germany.
'From here, goods can be efficiently distributed all over the world via various modes of transport. This logistics property is a great addition to our fund.
'At the same time, we are pleased that the tenant can now fully cover his space requirements with the new building.'
The modern logistics property comprises a total rental area of around 8,300 m2 was built on a 20,000 m2 site.
In addition, there is a covered loading zone of almost 800 m2. In total, the property has 3 truck, 23 car and 20 bicycle parking spaces, some of which are pre-equipped with e-charging stations.
The new building, which is to receive DGNB Gold certification, is also accessible via the public transport network. The outdoor facilities are enhanced by the planting of 40 native deciduous trees.
An energy monitoring system connected to the meter system will ensure efficient consumption data collection, while the roof structure of the property is designed for the installation of a photovoltaic system, which will be set up by LIP's partner company AvanLog Solar.
The logistics property replaces the previous location of thyssenkrupp Plastics in Hamburg. With the new location, the company is investing in its comprehensive logistics network in northern Germany in order to ensure rapid availability of goods.
In the acquisition process, LIP received technical support from CBRE, legal support from REIUS, tax support from Mazars and from ES EnviroSustain for the ESG analysis.
