AEW has acquired a class A logistics asset located in Pfungstadt in the Rhine-Main region of Germany, on behalf of a separate account mandate for a German investor. The asset was acquired from the German developer Ixocon.
Completed at the end of 2024, the asset comprises 10,680 square meters (114,960 square feet) of modern space fully let to a leading global transport and logistics company on a long-term, index-linked lease, generating a robust income stream. Designed to high specification with a DGNB GOLD certification, the building includes features such as a PV rooftop system, air heat pumps, an LED lighting system, e-charging stations, and attractive office and social areas.
The asset is strategically positioned in the Rhine-Main region near Frankfurt, a key economic hub, and is located within a well-established industrial and commercial area that benefits from excellent accessibility and connectivity. The site is conveniently situated near the A67 and A5 motorways