LIP Invest, a provider of special real estate funds in the asset class of logistics real estate in Germany, is acquiring an existing property in Bexbach, Gewerbering 4, for the “LIP Real Estate Investment Fund – Logistics Germany IV”. The seller is the project developer Casaplan Seeliger, with whom LIP reached an agreement in an off-market transaction. In the acquisition process, LIP was supported technically by Gleeds, legally by SNP Schlawien, fiscally by Mazars and in the ESG due diligence by ES EnviroSustain.
A column-free hall built in 2012 is located on a site area of 20,500 square metres, with around 4,300 square metres of logistics space and 340 square metres of office and social space. Outside, the property offers a traffic area of 7,400 square metres and 28 Sprinter, 15 swap body as well as 17 car parking spaces. The hall is accessible via 21 truck gates with dock levellers, 3 of which are jumbo gates, and 7 ground-level access gates.
The existing property, which has been completely converted to LED lighting in 2018, has a DGNB Silver certification. A comprehensive photovoltaic system with an output of 270 kilowatt peak has already been installed on the roof. Plants recommended by NABU were used for the high proportion of greenery on the property.
Long-term lease to Hermes Germany
Hermes Germany GmbH has already been using the property for around 10 years. The distribution centre in Bexbach is part of the parcel logistics company’s nationwide network. From this location, the company delivers to surrounding cities such as Saarbrücken, Kaiserslautern and Zweibrücken.
The parcel service provider benefits from the good transport connections: The A6 motorway can be reached in 2 kilometres and the motorway junction to the A8 is just 8 kilometres away. In addition, there is a connection to the northern Saarland and Trier via the A62. Other modes of transport can be used via the nearby airport and terminal of Saarbrücken.
“The purchased logistics property in Bexbach is characterised above all by its location close to the borders of France and Luxembourg and is suitable for central distribution with a Western European focus. Starting from this location, conurbations with strong purchasing power in western Germany, the BeNeLux states and northern France can be reached,” explains Sebastian Betz, Managing Director of LIP Invest.
