ABG Real Estate Group is expanding its activities into the market for logistics real estate through its investment management entity ABG Capital.
ABG Capital will enter into a strategic partnership with Dietz AG based in Bensheim for this purpose. The partnership is being launched with the acquisition of the Kerpen Logistics Centre on behalf of a club of professional pension funds. The total investment volume is approximately €115 million ($115.31 million).
The property is in a highly sought-after logistics location in the Cologne metropolitan area, and benefits from ideal traffic connections. The Kerpen Logistics Center was completed in May 2022. It  is fully let via long-term leases to two businesses from the supplier and events management industries. ABG Capital will acquire the majority of shares in the logistics center by way of a share deal – Dietz AG will continue to hold a minority stake in the company and will remain significantly involved in asset manage
