BNP Paribas Asset Management Alts has acquired on behalf of clients a newly developed, high-quality logistics center with a lettable area of more than 18,000 square meters (193,750 square feet) in Mühlacker, near Stuttgart, Germany, from Lang & Cie.
This transaction follows BNPP AM Alts’ acquisition of a 63,000-square-meter (678,100-square-foot) logistics center in Möckmühl near Heilbronn, reflecting its continued interest in the German logistics market. Its European Logistics strategy has also recently issued a €500 million ($584 million) green bond which attracted strong investor interest being more than six times oversubscribed. The proceeds will be used for sustainable logistics real estate and for projects in the areas of energy efficiency, biodiversity, and solar energy.
Completed in August 2025, the newly developed property from Lang & Cie. comprises high-quality warehouse and office space on a site of more than 30,000 square meters (322,900 squar