RLI Investors has acquired a logistics property in Kerpen for the open-end special AIF RLI Logistics Fund–Germany II. The Cologne Lowland is one of the most efficient German logistics regions, with a trimodal infrastructure. The vendor is Alcaro Invest, a wholly-owned subsidiary of Osmab Holding. The purchase price was not disclosed.
The recently completed property stands on a c. 20,000m² site in "Log Plaza Wankelstrasse" in the Sindorf district of Kerpen, and directly adjoins two fully-let logistics properties also owned by RLI. The property is let to Hellmann Worldwide Logistics. The asset benefits from immediate proximity to a junction on the A4 motorway and the Kerpen motorway intersection.
