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

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.

Source: GARBE

Contact Martin Ohly for more information.

Mail: maoh@logicenters.com

Phone: +49 171 529 5277

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