RLI Investors strengthens portfolio with logistics property in Munster-Osnabruck logistics region
RLI Investors (RLI), an independent asset and fund manager and specialist in logistics real estate and the most active investor in logistics property in the German market, has acquired another logistics property for its open-end special real estate AIF “RLI Logistics Fund–Germany II”. The latest acquisition is in Melle, in the established Munster-Osnabruck logistics region. The vendor in the sale-and-leaseback transaction is BLG Handelslogistik GmbH & Co. KG.
The property, which was built in 2000, has a floor area of almost 28,000 square metres. It is situated in the “In der Euer Heide” South commercial area in Melle, Lower Saxony.
The tenant profits from the direct rail access for loading and unloading. This bimodal access and the large number of gates ensure extensive alternative use possibilities and therefore long-term letting potential.
The nearest junction on the busy A30 motorway is within a few minutes’ drive. Nearby junctions on the A33 and A1 motorways to the west and the A2 in the east provide fast and easy access to the entire Ruhr region and the Netherlands.
In the transaction, RLI was legally advised by the RAe Wagensonner, BLG by the RAe Büsing, Müffelmann & Theye (Bremen). Logivest, a specialist in logistics real estate, acted as broker.