HIH Invest has acquired a logistics property comprising 7,050 square meters (75,885 square feet) from the Lange Family Office (LP MG GmbH).
The property on Hamburgring 30 in the city of Monchengladbach in western Germany represents an ESG-compliant newly constructed building that is fully leased to an internationally active ecommerce service provider. The lease has a term of five years. Well-suited for alternative use, the modern new-build property is defined by high-end efficient specifications and can be partitioned into six separate warehouse sections. The scheme offers 6,050 square meters (65,121 square feet) of logistics space and 1,000 square meters (10,764 square feet) of office space. The plot, which extends over 14,370 square meters (154,680 square feet), includes 55 car parking spots.
“When we started buying property for our first logistics fund in 2020, we entered the logistics market at the right time. In little over a year, the fund achieved its targeted
