LIP Invest acquires leased logistics property in Bexbach

LIP Invest, one of the leading providers of real estate special funds for institutional investors in the asset class of logistics properties in Germany, acquires an existing property in Bexbach, Saarland, for the “LIP Real Estate Investment Fund – Logistics Germany IV”. The property has been leased long-term to Hermes Germany.

(Munich/Bexbach) On a plot area of 20,500 square meters, there is a column-free hall built in 2012. It features approximately 4,300 square meters of logistics space as well as 340 square meters of office and social space. The property offers an outdoor area with a traffic surface of 7,400 square meters and 28 sprinter, 15 swap body, and 17 car parking spaces. Access is provided via 21 truck gates with loading bridges, of which 3 are designed as jumbo gates, and 7 ground-level access gates.

The existing property, which was completely converted to LED lighting in 2018, has a DGNB Silver certification. A comprehensive photovoltaic system with a capacity of 270 kilowatt peak is already installed on the roof. The high proportion of greenery on the property features plants recommended by NABU.

The seller is the project developer Casaplan Seeliger, with whom LIP agreed in an off-market transaction. In the acquisition process, LIP was technically supported by Gleeds, legally by SNP Schlawien, tax-wise by Mazars, and in the ESG due diligence by ES EnviroSustain.

Good connections in various directions

Hermes Germany GmbH has been using the property for about 10 years. The distribution center in Bexbach is part of the nationwide network of the parcel logistics provider. From this location, the company supplies surrounding cities such as Saarbrücken, Kaiserslautern, and Zweibrücken.

The parcel service provider benefits from the good transport connections: The A6 can be reached from the center in 2 kilometers, and the motorway junction to the A8 is also just 8 kilometers away. Additionally, there is access to northern Saarland and Trier via the A62. Further transport options can be utilized through the nearby airport and the Saarbrücken terminal.

Border proximity to France and Luxembourg

“The acquired logistics property in Bexbach is particularly characterized by its proximity to the borders of France and Luxembourg and is suitable, among other things, for central distribution with a Western European orientation. From this location, affluent metropolitan areas in Western Germany, the Benelux countries, and Northern France can be reached,” explains Sebastian Betz, Managing Director of LIP Invest.

Photo: © LIP Invest