Savills Investment Management has acquired a modern new logistics building in Bocholt, North Rhine-Westphalia, from Aconlog Projektentwicklung in Cologne on behalf of a southern German pension fund. The portfolio, which has been built up for the German pension fund since 2015, now comprises 14 properties in five European countries.
The recently completed logistics building is located in the Duisburg/Lower Rhine region — a major logistics hub in Germany. The site offers direct access to the A3 motorway, providing quick access to the Ruhr area, the Netherlands and the seaports of Rotterdam, Amsterdam and Antwerp, Belgium.
The property has around 26,500 square meters (285,200 square feet) of rental space and is fully leased on a long-term lease to logistics service provider WM Group. The building consists of three interconnected units, which could also be used separately if required, offering a high degree of third-party usability. The property, built on a former indust
