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Singapore-based Elite Partners Capital acquires Logistics Center near Stuttgart, Germany
Transactions - JULY 2, 2024

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Singapore-based Elite Partners Capital acquires Logistics Center near Stuttgart, Germany

by Released

Elite Partners Capital has made a logistics acquisition in close proximity to Stuttgart, the automotive capital of Germany.

The asset was sold by a joint venture between TPG Angelo Gordon and aam2core Holdings AG.

The large-scale multi-user logistics park located within Ettlingen West’s industrial zone boasts outstanding transportation infrastructure, including direct connections to the A5, A8 and A65 motorways; access to the Port of Karlsruhe, a major inland port along the Rhine waterway; and proximity to major international airports in Frankfurt and Stuttgart. The logistics park is also well served by local buses and the suburban railway network, ensuring availability of a skilled workforce for warehouses and offices located in and around the property.

Spanning a large site of 180,000 square meters (1.9 million square feet), the logistics park is in excellent condition and offers great third-party reusability by virtue of its contiguous but highly flexible l

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