REIUS. has advised a fund of GARBE Industrial Real Estate on the acquisition of a project development in Pilsting consisting of three construction sections. The bauwo-Group from Hanover was the seller. Construction section B of the project development was completed in August 2021 and is leased to Mömax Logistik GmbH. Construction section C is scheduled to be completed in May 2022. Construction section D covers a 153,000 square metres large area within an industrial zone that bauwo has developed to construction readiness over a period of four years where a fund of GARBE Industrial Real Estate will develop a logistics property. Construction section A was sold in 2020 to a fund managed by LIP Invest; here again REIUS. advised the buyer.
The REIUS. team included: Dr. Christian Thiele, Annette Griesbach, Dr. Jörn Kassow, Dr. Stefanie Fuerst, Christina Hölder, Dr. Nikolaus Dickstein, Robert Mayer. The seller’s legal advisors were LPA-GGV Rechtsanwälte, Dr. Bernd Spieth and his team.
Contact details:
Dr. Christian Thiele
Partner
+49 (0)40 696 39 15-24
christian.thiele@reius.de
Annette Griesbach
Partner
+49 (0)40 696 39 15-29
annette.griesbach@reius.de
