Apeiron Capital, acting in partnership with Midas International Asset Management, has acquired of the 150,000m² “Maple” logistics portfolio in Germany for c.€200m. The investment was ultimately funded by South Korean institutional investors. The portfolio was acquired from the Healthcare of Ontario Pension Plan (HOOPP), one of Canada’s largest pension funds. The transaction continues Apeiron’s stated strategy of acquiring high-quality assets in key logistics locations across Europe.
The 150,000m² portfolio comprises three assets in important German logistics locations, including a 100,000m² fulfilment centre let to a well-known e-commerce specialist. Each of the assets in the portfolio are well-positioned close to key domestic and international roads with excellent access to transport infrastructure. The weighted average lease term for the assets is close to 14 years.
Vojkan Brankovic, CEO and Founder, Apeiron commented: “The Maple portfolio is a unique collection of high-quality assets let to some of the world’s leading companies. Each of the buildings is well-located in established logistics hubs and have a high technical specification. The acquisition builds on a number of recent deals for Aperion which has seen our portfolio expand significantly in Germany and is in line with our stated strategy of acquiring excellent logistics assets across key transport routes.”
