RLI Investors achieves full letting of the Log Plaza Wankelstrasse in Kerpen
RLI Investors (RLI) has let ca. 10,000 sq m in the “Log Plaza Wankelstrasse” logistics centre in Kerpen to a subsidiary of a major German retail company. The other tenants of the complex are a globally active cosmetics group and DB Schenker. The asset is now fully occupied by well-known logistics companies.
The high quality and flexibility of the property were decisive factors governing the new tenant’s choice of the location. It occupies the warehouse for food products requiring refrigeration and is providing the necessary refrigeration plant itself. RLI acquired the “Log Plaza Wankelstrasse” in Kerpen for the open-end special AIF “RLI Logistics Fund –Germany” in March 2016. The vendor was the developer ALCARO. The logistics park is situated in the Kerpen-Sindorf commercial area, with direct access to the A4 and A61 motorways.
RLI instructed the agent Logivest, which specialises in logistics property and with which it had already successfully collaborated in re-letting the around 10,700 sq m logistics hall in the Bedburg / Mühlenerft commercial park.