Cabot Properties has announced the forward purchase from Hanover-based German family office and project developer BGAR of a modern logistics property under development in the Gross Munzel industrial estate in the Hanover region. The logistics property forms part of a commercial development in the Wunstorf/Barsinghausen area, west of Hanover. The approximately 16,400-square-meter (176,500-square-foot) building is scheduled for completion in fourth quarter 2026. The property was fully leased during construction. The off-market transaction further expands Cabot’s presence in strategically important European logistics markets that benefit from their proximity to growing urban consumer centers.
“This is a rare opportunity to acquire a modern, highly functional logistics property during construction through an off-market process with limited bidder competition. This enables us to expand into a strategically important target region on attractive terms,” said Konstantin Braun,
