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Real I.S. acquires logistics portfolio for its AIF Themenfonds Deutschland II

  • Portfolio with four logistics properties
  • Real estate complying with the KfW 55 energy-efficiency standard
  • Total leasable space of around 13,150 square metres

Real I.S. AG has acquired the logistics portfolio Quarto from W&B Projektportfolio GmbH for its special real estate alternative investment fund (AIF) Themenfonds Deutschland II. The portfolio comprises four logistics/industrial buildings which comply with the German KfW 55 energy-efficiency standard and are located in the German cities of Essen, Remscheid, Stockstadt and Weilheim. The total area of around 13,150 square metres (3,000 to 3,800 square metres each property), with 120 parking spaces (approx. 30 per building), has been let on a long-term lease and is part of the branch network of the European B2B market leader in vehicle parts trading. The buildings were completed between 2019 and 2021. The parties have agreed that the purchase price paid will not be disclosed.