Halverton Real Estate Investment Management has acquired two properties in Neuss and Greven-broich for a new light industrial fund.
The property in Nissanstraße, Neuss has a floor space in excess of 30,000 m² (circa 18,000 m² of warehouse space, 9,500 m² of offices and a further 3,100 m² comprises a large former training center). The property is currently occupied by 4 tenants, including UPS, and is 80% let.
In Grevenbroich, the property comprises 14,000 m² of storage area, 1,200 m² of office space is available. Both tenants - Dachser and DFDS - currently occupy 93% of the space available. The property has an additional development area of approximately 17,000 m².
The purchase price was approximately €22 million. Both properties are managed by Henning Heinemann from Halverton's Frankfurt Asset Management Team.