LIP Invest, a provider of specialized real estate funds focused on logistics properties in Germany, has purchased a newly completed distribution center in Wedemark, located on Wieckenberger Straße, for one of its logistics funds. The acquisition was made from Hanover-based project developer bauwo, with List Bau Nordhorn serving as the general contractor for the project. LIP Invest received technical support from CBRE, legal and tax advice from Walch Rittberg Nagel Rechtsanwälte und Steuerberater Partnerschaft, and ESG due diligence from ES EnviroSustain.
The facility, constructed on a 50,000 square meter site within 12 months, features two separate logistics halls, each comprising two units and a battery storage area. The total rental space amounts to 21,500 square meters, including approximately 19,000 square meters of hall space, 1,600 square meters of mezzanine space, 700 square meters dedicated to loading bays and outdoor storage, and 160 square meters allocated for office and social spaces. The facility is equipped with 16 ramp gates and four ground-level gates for easy access.
Designed with modern environmental standards, the logistics property includes a WGK 3 film sealing, water tanks, hydrant pumps, a photovoltaic system, direct power supply for an air-heat pump, e-charging stations, and separate smart meters for each unit. A DGNB Gold certification has been applied for, reflecting the building’s adherence to state-of-the-art environmental criteria.
The distribution center has been leased on a long-term basis to Mærsk, one of the world’s leading logistics companies. The facility is capable of storing, loading, and unloading up to four different types of lithium-ion batteries across its four hall sections. Strategically located just 350 meters from the Berkhof junction on the A7 motorway, the center offers direct links to Hamburg in the north and Hanover in the south. Additionally, key transshipment facilities such as Langenhagen Airport, Nordhafen, and GVZ Lehrte are easily accessible from Wedemark.
“Wedemark’s proximity to major car manufacturers makes this facility highly attractive as a battery warehouse for electric vehicles,” said Bodo Hollung, Managing Director and Partner at LIP Invest. “The automotive sector’s increasing demand for logistics properties, driven by the growing variety of models and different drive systems, has heightened the need for specialized storage solutions. We are thrilled to have secured this versatile distribution center for our fund.”