Palmira Capital Partners has acquired a logistics terminal and an administration building of the renowned logistics company Muller - Die lila Logistik SE for the European Core Logistics Fund (ECLF) as part of a sale-and-lease-back transaction in the established logistics region along the A81 motorway, between Stuttgart and Heilbronn. The parties have agreed not to disclose the purchase price.
The property, which was completed in 2018, is a state-of-the-art logistics centre at Ferdinand-Porsche-Strasse 6 in Besigheim-Ottmarsheim. It comprises 14,600m² of lettable space, including around 12,150m² of logistics space and approximately 2,450m² of office and social space. The property, which is located on a plot of land measuring approximately 36,500m², was acquired in an off-market deal.
