Sirius Real Estate has finalised the purchase of an industrial park in Hamburg. Located in Rothenburgsort, near the Port of Hamburg — the largest contiguous industrial area in northern Germany – and a short distance from Hamburg city centre. The park has a gross rental area of 29,448 m² and currently generates annual rental income of €2.15 million, with 89% occupation. Having recently undergone extensive refurbishment, the property is home to a number of leading companies from various...

A 40,000-square-metre plot of land has been acquired in the Clemensänger industrial park, Freising, for the speculative construction of a 19,000m2 commercial park. The development, due to be completed by 2027, will comprise a multifunctional business park offering flexible use options over 5 buildings, for companies in the manufacturing, skilled trades, services, and R&D sectors. Designed according to modern sustainability standards, the business park will make a long-term contribution to...

M7 Real Estate has announced the acquisition, on behalf of the European Supply Chain Income Partnership (ESCIP), of a high-quality last-mile logistics property at Raiffeisenstraße 5-7 near Frankfurt am Main. Built in 2015 and equipped to a high standard, the property comprises ten units, totalling around 19,000m², and are currently fully let. With an average remaining lease term (WAULT) of just 2.3 years, the property offers significant potential for value appreciation. M7 intends to realise...