Warburg-HIH Invest Real Estate GmbH has completed the portfolio construction of its Warburg-HIH Deutschland Logistik Invest institutional fund by acquiring three logistics properties from Goodman Group that are DGNB-certified as green buildings and occupied on long-term leases.
With this deal closed, the fund’s total equity in the amount of €280 million ($333 million) is now invested. Together with the debt capital, the fund has a total volume of approximately €470 million ($559 million). The three latest additions bring the number of properties held by the vehicle up to 13, with the average remaining lease term being around nine years. Due to keen demand among institutional investors, Warburg-HIH Invest is planning to launch a successor fund in the near future.
“The fund met with very lively interest among our investors. It only took us about one year to complete the fundraising process, and the equity is fully invested now. We offer our investors a diversifie
