Germany Archives

Logicenters, Nrep’s logistics platform and HIH Invest are developing a site in Bensheim, Germany

26. elokuu, 2025 8:53 am Comments Off

HIH Invest Real Estate (HIH Invest), in partnership with Logicenters, Nrep’s development & management platform for logistics properties has acquired a logistics development project in Bensheim, Germany through its Nordic Strategies Fund V (NSF V).

The project is located on a 40,000-square-metre site in the Rhine-Neckar region. It will deliver 22,861 square meters of gross lettable space – out of which 18,995 square meters is logistics space. Construction is set to begin in the first quarter of 2026, with completion and handover expected by early 2027. The development is already fully pre-let on a long-term lease.

“The cooperation with Nrep has been successful and based on partnership. The project development in Bensheim perfectly aligns with our investment strategy on account of the pre-letting in place, combined with an energy-efficient, taxonomy-compliant building concept. As one of the largest logistics investment managers in Germany, we now manage almost EUR 1.3 billion in assets under management in logistics properties,” says Lars Bothe, Head of Value Add Investments at HIH Invest.

Targeting high quality, sustainable logistics properties in key German locations is a significant part of the joint venture strategy, which the Bensheim site strengthens. The project benefits from excellent transport connections, with direct access to the A5 and A67 motorways. Frankfurt am Main Airport, along with the cities of Mannheim, Ludwigshafen, Heidelberg, and Darmstadt, are all reachable within 30 minutes.

Further collaboration between HIH Invest and Nrep reflects a growing focus on logistics that combine location, tenant security, and sustainability credentials. By pooling their development, financing, and asset management expertise, the partners are well-positioned to deliver high-performing assets in a segment with robust demand fundamentals. This represents the second joint acquisition between HIH Invest and Nrep following their earlier project in Herten, Germany.

“We’re delighted to once again join forces with HIH Invest to launch another strategically located facility in Bensheim. This joint venture underscores our shared commitment to developing state-of-the-art, sustainable logistics properties. Working with HIH enables us to meet the evolving needs of our tenants and clients with confidence and capacity,” says Martin Ohly, Head of Logicenters Germany.

The logistics property’s strategic location in the Rhine-Neckar region – one of Germany’s strongest economic areas – offers a distinct competitive advantage. With excellent infrastructure, access to labor, and proximity to major population centers, the region continues to attract logistics and distribution occupiers seeking centralized and scalable operations.

Nrep Logicenters and HIH Invest acquire logistics development site in Herten

20. toukokuu, 2025 10:30 am Comments Off

Urban Partners, the leading Nordic urban developer and investor, has acquired a 37,000 sqm logistics development site in Herten, Germany, with joint venture partner HIH Invest Real Estate (HIH Invest), the Hamburg-based investment manager for real estate and infrastructure.

The investment was made by Urban Partners’ real estate investment strategy Nrep via its logistics development and management business Logicenters. Nrep’s investment is being made via its Nordic Strategies Fund V (NSF V).

The logistics hub is already nearly 50% pre-let and construction is due to commence in Q2 2025, with delivery scheduled for Q3 2026. Once complete, the former brownfield site with comprise a total of 36,821 square metres of rental space, including 33,416 sqm of logistics facilities alongside 1,153 sqm of offices and 2,252 sqm of mezzanine space. The facility will also provide 170 car parking spaces and five lorry bays. HIH Invest will act as asset manager for the property once operational.

Going forward, the joint venture intends to grow a portfolio with a focus on providing capital for ready-to-develop, part-pre-let and sustainable logistics properties in prime locations across Germany. By combining Logicenters’ expertise in the development of modern, sustainable and flexible distribution centres with HIH Invest’s local market knowledge, the JV will address the widening funding gap in the sector and capitalise on the growing demand for modern, energy-efficient logistics properties that meet the highest industry standards.

“The prime logistics property market in Germany is characterised by limited supply, even more so when it comes to sustainable and flexible space. Our partnership with HIH Invest is complementary to our existing strategies to capitalise on this opportunity and strengthen our German market presence. By combining our expertise in developing best in class logistics centres with HIH’s asset management capabilities, we can unlock substantial value through these development projects”, says Wolfgang Ködel, Head of Nrep Germany.

“We are familiar with the needs and requirements of the users of the rental properties, and we are in a strong position to respond quickly to realise increases in value. In the current market environment, there are attractive opportunities in selected developments. Thanks to our broad network and our extensive asset management expertise, we have the ideal set-up to realise increases in value. The cooperation with Nrep is a great pleasure for us and we look forward to working with them”, says Felix Meyen, Managing Director of HIH Invest.

“We are delighted to partner with HIH Invest and launch our first project in Herten which is strategically located in a well-connected industrial area. This joint venture reflects our commitment to developing state-of-the-art, energy-efficient logistics properties that meet a wide range of tenant requirements”, says Martin Ohly, Head of Logicenters Germany.

Nrep was advised by Hogan Lovells. HIH Invest was advised by Ashurst (legal), CBRE (commercial) and Drees & Sommer (technical).

Logicenters and evolutiq announce full leasing of multifunctional commercial property in Hanau to BECHER

18. helmikuu, 2025 8:12 am Comments Off

Nrep’s Logicenters and evolutiq GmbH are pleased to announce the successful full leasing of state-of-the-art production, logistics, and office spaces in Hanau to timber wholesaler BECHER GmbH & Co. KG known for its focus on interior construction and related accessories.

The joint venture between Logicenters, Nrep’s logistics development and management platform, and a German family office will develop the multifunctional property by Q2/2026, setting high standards for efficiency and the reduction of greenhouse gas emissions. The Cologne-based investment and asset management company evolutiq GmbH is overseeing the project’s execution, bringing its expertise as a project developer to the table.

“We are thrilled to relocate our timber wholesale business to a forward-thinking location that offers an inspiring, high-quality exhibition for our customers. This new site provides both commercial and private customers the opportunity to experience our diverse product range firsthand. With expanded storage capacity and a high-performance logistics network, we can serve our trade customers across the region even more efficiently while delivering an exceptional shopping experience”, says Michael Köngeter, Managing Director of BECHER GmbH & Co. KG.

The property, located at Donaustraße 15 in the established Hanau-Nord industrial area, offers excellent transport connections. With nearby access to highways A66 and A45, the Frankfurt metropolitan region and the entire Rhine-Main area are easily accessible, making this an ideal logistical location.

“On behalf of the city of Hanau, I am delighted to personally welcome the long-established company Becher to our community. This new location once again highlights Hanau’s strength as an innovative, growing, and resilient business hub, where we create the ideal conditions for long-term success. Accessibility, customer proximity, and a modern, customized facility are also essential factors for Becher’s success in Hanau. The seamless collaboration between the developer evolutiq from Cologne, our building authorities, the Office for Environmental, Nature, and Climate Protection, and our business development agency HWG has laid a strong foundation. Together, we eagerly anticipate the grand opening next year”, says Hanau’s Mayor Claus Kaminsky.

“This project embodies what Logicenters does best – delivering modern logistics spaces in prime locations. We’re excited to welcome BECHER to a facility designed for the future, and we look forward to supporting their growth in the years to come”, says Martin Ohly, General Manager at Logicenters in Germany.

Logicenters and evolutiq secure strategic commercial property in the Stuttgart metropolitan region

3. joulukuu, 2024 8:20 am Comments Off

Nrep, with its logistics platform Logicenters and joint venture partner evolutiq are continuing their successful course and have signed the acquisition of Kornwestheim, another promising property in the Stuttgart metropolitan region for the development of a modern, multifunctional commercial property. Closing of the transaction will take place in 2025.

The new 15,000 m² logistics hub will consist of 13,000 m² of flexible production and storage space, alongside offices and communal areas. The building will be developed in accordance with best-in-class ESG criteria and is targeting DGNB Gold certification. Sustainable features will include photovoltaics, efficient heat pumps and green roofs and facades.

The site will become part of the JV’s existing portfolio of 4 sites and is due for completion by early 2027.

“We are excited to start another great project with evolutiq. This project highlights Logicenters’ dedication to cutting-edge logistics properties that meet the needs of business in the region“, says Martin Ohly, General Manager at Logicenters in Germany.

With the combined expertise of evolutiq and Nrep’s logistics platform Logicenters as developers and asset managers, this project will be seamlessly integrated into the joint venture’s portfolio by Nrep and evolutiq and represents the consistent advancement of future-oriented logistics solutions.

The property offers excellent connectivity to the A81 and A8 highways, as well as proximity to Stuttgart container terminal and the Stuttgart interchange. The outstanding surrounding infrastructure provides quick access to the Stuttgart metropolitan area and nearby economic centers, making the location particularly appealing for companies in the production, light industrial and logistics sectors.

Logicenters and evolutiq receive building permit for modern logistics facility in Meckenheim

26. marraskuu, 2024 8:14 am Comments Off

Nrep’s Logicenters and evolutiq GmbH have received the building permit for the development of a modern logistics facility in Meckenheim.

The multifunctional property is being developed by a joint venture between Logicenters, Nrep’s development and management platform for logistics properties, and a German family office. The property sets high standards with its targeted DGNB Gold certification, incorporating sustainable energy solutions such as a rooftop photovoltaic system and a heat pump. Project development is being managed by Cologne-based investment and asset management company evolutiq GmbH.

The property will be located at Heidestraße 18, in the well-established Meckenheim industrial area. This site offers direct access to motorways leading to the Netherlands, Belgium, and southern Germany. The building permit covers a gross floor area of approximately 23,000 m², featuring two third-party usable units. One of these units has already been leased to PVS eCommerce-Services GmbH. Construction is scheduled to begin in Q1 2025, with completion planned by Q1 2026 at the latest.

“We have been supporting evolutiq since the beginning of the project and are also assisting in marketing the newly developed spaces. I am pleased that, with the building permit granted, things can soon get underway and something new can emerge in the Kottenforst Industrial Park“, says Mr. Dirk Schwindenhammer from the Economic Development Department of the City of Meckenheim.

Companies interested in high-quality logistics spaces are welcome to contact our team.

Logicenters and evolutiq announce letting of modern logistics space in Meckenheim to PVS eCommerce-Services

2. lokakuu, 2024 7:24 am Comments Off

Nrep’s Logicenters and evolutiq GmbH are pleased to announce the successful letting of state-of-the-art logistics and office space in Meckenheim to e-commerce fulfillment provider PVS eCommerce-Services GmbH.

The multifunctional property is being developed by a joint venture between Logicenters, Nrep’s development and management platform for logistics real estate, and a German family office. The project sets high standards in terms of efficiency and sustainability and is being realized by Cologne-based investment and asset management company evolutiq GmbH.

The flexible design of the commercial property provides ideal conditions for modern production, storage, and logistics solutions.

“By securing this long-term lease, we not only secure our strategic location in Meckenheim but also offer our employees and customers cutting-edge facilities that meet the latest ESG requirements. These new facilities enable us to continue on our path towards climate neutrality and position our company for the future“, says Tobias Derek, Managing Director of PVS eCommerce-Services GmbH.

The location offers excellent transport links to the A565 and A61 motorways, providing convenient access to the Cologne and Bonn metropolitan areas. The project is focused on sustainability, targeting DGNB Gold certification, and is equipped with photovoltaic systems and energy-efficient heating. With a ceiling height of 12.2 meters, the building is ideal for modern racking solutions, features several loading ramps, and offers high-quality, barrier-free office spaces.

“We are delighted to have supported our client with the long-term lease by the renowned fulfilment company PVS. This letting confirms both the attractiveness of the Meckenheim location and the high quality of the property we develop through the joint venture”, says Romy Tenbieg, Development Manager of evolutiq GmbH.

Martin Ohly, General Manager of Logicenters Germany, emphasizes: “We are grateful for the constructive collaboration to date and look forward to welcoming PVS as a tenant soon.”

PVS eCommerce-Services GmbH will occupy approximately half of the available warehouse space, totaling around 23,000 m², starting in the first quarter of 2026. The lease was brokered by BNP Paribas Real Estate GmbH’s Cologne branch.

Companies seeking premium logistics facilities are encouraged to contact our team for further inquiries.

Garbe developing brownfield site near Ulm with Logicenters

1. lokakuu, 2024 8:08 am Comments Off

Garbe Industrial Real Estate GmbH and its joint venture partner Logicenters, Nrep’s development and management platform for logistics properties, are continuing to drive forward the revitalisation and development of brownfield sites. In the Swabian town of Leipheim (Günzburg district in Bavaria), located around 30 kilometres northeast of Ulm, the two companies have acquired a 20,000 m² plot of land. A logistics centre with a total area of around 11,600 m² is to be built on this site. Construction is scheduled to begin in the second quarter of 2025, with an investment volume of around 17 million euros.

The property is part of a former airbase. Remnants of the former runway and individual buildings serve as reminders of its military use. After the end of the airport’s operation, the area was transformed into the 112-hectare intermunicipal industrial estate ‘Areal Pro’.

“We believe that the revitalization of brownfield sites has by far the greatest potential for future-oriented project developments. Especially in densely populated or unusual locations, this will be the only way for new and interesting projects”, says Adrian Zellner, Member of the Executive Board of Garbe Industrial Real Estate.

Old foundations and buildings have to be demolished before construction can begin. The demolition material will then be disposed of properly. The planned new building will have a hall area of around 10,400 m². In addition, there will be 1,200 m² for offices, social rooms and other usable space on intermediate levels. The property is to be equipped with ten dock levelers and a sectional door at ground level. Parking spaces for 40 cars and two trucks will be provided on the outdoor area. Completion is planned for the second quarter of 2026.

The property is being developed according to current ESG criteria. To generate renewable energy, the roof areas will have space for the installation of a photovoltaic system capable of producing up to one megawatt of peak output. The building will be heated without the use of fossil fuels, instead employing climate-friendly air heat pumps. The new building will also be equipped with an energy-efficient LED lighting system. The joint venture between Garbe Industrial Real Estate and Logicenters is aiming for the property to be certified in accordance with the Gold Standard of the German Sustainable Building Council (DGNB).

“Brownfields are the future because we are making sealed areas usable again and upgrading them in line with modern sustainability standards“, says Martin Ohly, General Manager of Logicenters Germany, a company of Nrep, one of the largest property investment managers in the Nordic countries.

The industrial estate where the new building is being constructed is close to the A 8 motorway, which connects the site with Ulm and Stuttgart to the west and with Augsburg and Munich to the east. The Leipheim junction is approximately three kilometres away and can be reached without driving through the town. The Ulm/Elchingen motorway junction, around eleven kilometres away, provides access to the A 7 motorway. At around 960 kilometres, it is not only the longest motorway in Germany but also one of the country’s most important north-south axes.

The property service provider CBRE acted as intermediary in the purchase of the site.

Logicenters and evolutiq complete logistics transaction in the Rhine-Main Metropolitan Region

2. heinäkuu, 2024 7:09 am Comments Off

Logicenters, Nrep’s development and management platform for logistics properties, and evolutiq, a Cologne-based investment and asset management company have successfully secured another plot for a logistics development in Hanau. The closing of the transaction was performed in June 2024 and expands the portfolio of the joint venture established in the third quarter 2023 between Nrep and a German family office.

A modern logistics property with approx. 13,500 m² of lettable space is projected on the approx. 22,300 m² site, reflecting the joint venture’s sustainability goals. The completion of the project development is scheduled in the second quarter 2026. The logistics property will be built at Donaustraße 15 and is therefore located in the Hanau-Nord industrial area with direct access to the highways A66 and A45.

Logicenters and evolutiq are using their extensive expertise as developers and asset managers in the joint venture to successfully implement the project.

Logicenters and GARBE start collaboration in Germany and begin their Joint Venture by realizing 27,000 sqm entirely from wood

6. helmikuu, 2024 7:29 am Comments Off

Logicenters forms joint venture with GARBE Industrial Real Estate to build up a strongly ESG-focused logistics portfolio in Germany. As a first project, they are developing 27,000 sqm in Straubing entirely from wood.

Nrep Logicenters, an urban investor with €19 billion of assets under management, and the German logistics developer and investment manager GARBE Industrial Real Estate (€10b AUM, 6m sqm warehouse space) will jointly act as development and asset managers for the joint venture. The GARBE Industrial Real Estate team will be leading the project.

The joint venture partners focus on further strengthening their footprint in Germany by building up a sustainable logistic portfolio. With this collaboration, Logicenters and GARBE exemplify their ongoing efforts to provide state-of-the-art logistics solutions.

The first development of the joint venture is a greenfield development in Straubing (Bavaria). The aim is to build a modern and green logistics warehouse of approx. 24,400 sqm on a property of approx. 47,000 sqm. The facility is expected to be completed in Q3/2025. It will be located in Straubing Sand – Straubings harbor area – with direct highway connections to Munich, Regensburg, and Passau, as well as the Czech Republic.

The project in Straubing will be developed in line with the joint venture’s ambitious sustainability objectives and will be built entirely from wood, including the highest ESG standards.

Logicenters and evolutiq complete logistics transaction in Meckenheim for joint venture

9. tammikuu, 2024 8:26 am Comments Off

Together with evolutiq, a Cologne-based investment and asset management company, Logicenters advised the acquisition of a plot of land for a logistics development in Meckenheim. The transaction was carried out for the joint venture established in Q3 2023 between Logicenters and a German family office. The closing of the transaction is planned for January 2024.

The aim is to construct a modern and environmentally friendly logistics property with approx. 23,000 m² of lettable space on a plot of land measuring approx. 40,000 m². The project is being developed in line with the joint venture’s ambitious sustainability goals. Completion of the property is scheduled for Q1 2026. The property will be located at Heidestrasse 18 in the centre of the established Meckenheim industrial area. There is a direct motorway connection to the Netherlands, Belgium and southern Germany.

“The town of Meckenheim welcomes the swift sale of the property as part of the Weck company’s insolvency proceedings,” explains Mayor Holger Jung. “This ensures that there will be a positive development here in the Kottenforst Industrial Park and that the valuable industrial space will be used appropriately again. The new property can be an opportunity for expanding Meckenheim companies, but also for new companies from outside, to rent modern production and logistics space, which we cannot offer in this form in the new Unternehmerpark Kottenforst industrial estate.”

The property originates from the insolvency of J. Weck GmbH u. Co. KG, which is being managed by the insolvency administrator Thilo Braun of the law firm Nehring, Braun und Sozien. On the seller’s side, Wintergerst Societät für Unternehmer-Beratung, BNP Paribas Real Estate and CMS Hasche Sigle supported the sales process. The joint venture was advised in particular by Dentons Europe under the leadership of Sabine Wieduwilt.

Logicenters and evolutiq will act as developer and asset manager for the joint venture partners. Prospective tenants are currently being sought for the property. BNP Paribas Real Estate Cologne is managing the letting process as lead broker, contact person is Fabian Kubicka.

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