LIP Invest Acquires Logistics Property Near Hanover

LIP Invest, provider of real estate special funds for institutional investors in the asset class of logistics properties in Germany, is purchasing a distribution property at Hohes Feld 1 in Barsinghausen for the “LIP Real Estate Investment Fund – Logistics Germany IV”. LIP reached an agreement with the seller, LIB GmbH, in an off-market transaction. In the acquisition process, LIP was technically supported by KAPCO, legally and tax-wise by Walch Rittberg Nagel, and in the ESG due diligence by ES EnviroSustain.

(Munich/Barsinghausen) The hall, built in 2020, is divided into two separate units of nearly 5,000 square meters each. About 200 square meters are allocated to office and social areas. The property size is approximately 18,400 square meters, providing ample delivery areas. Access is via six loading docks and four ground-level access gates, two of which are covered. There are 12 parking spaces on site. The installation of a photovoltaic system on the roof areas is possible and will be carried out by LIP’s partner company AvanLog Solar.

The logistics property is already leased long-term to LLW Lagerhaus & Logistik GmbH. The medium-sized company handles logistics tasks for various firms in the region, primarily operating in the food and container industries.

Favorable Location in the Hanover Logistics Region

Due to its central location in Northern Germany and proximity to the ports in Hamburg, Bremen, and Bremerhaven, the site is suitable for urban supply around Hanover as well as a consolidation and distribution center. Time-sensitive air freight can also be handled via Hanover Airport. “Barsinghausen offers very good conditions for extensive distribution. The A2 can be reached without passing through the town in one kilometer. Various transshipment facilities in Hanover, such as the Nordhafen or the Hanover-Linden terminal, are also located nearby,” says Jan-Nicolai Tröndle, Head of Acquisition at LIP Invest.

Photo: © LIP Invest GmbH