AEW has successfully acquired a prime logistics asset in Weiterstadt, located near Frankfurt, Germany. This off-market transaction was made on behalf of an AEW fund managed for French retail investors, further strengthening AEW’s portfolio of high-quality logistics properties.
About the Property
The newly acquired logistics asset is strategically situated just 20 kilometers from Frankfurt Airport, Germany’s largest and busiest airport, and benefits from excellent connectivity via the A5 motorway. The property’s features include:
- Size: Spanning 7,177 square meters (77,253 square feet) across three modern, independent buildings.
- Flexibility: Designed for versatility, the space can be divided into up to seven units of varying sizes to meet diverse tenant needs.
- Tenancy: Fully leased to a public institution under a secure 10-year lease agreement, ensuring stable income.
Sustainability Features
The asset incorporates several eco-friendly elements, underlining AEW’s commitment to sustainable real estate investments:
- Energy Efficiency: Equipped with LED lighting and a thermally insulated façade to reduce energy consumption.
- Green Transportation: Includes electric vehicle charging stations to support eco-friendly mobility.
- Certification: Targeting DGNB Gold certification, a prestigious German standard for sustainability, reflecting the property’s adherence to high environmental benchmarks.
Strategic Importance
This acquisition is part of AEW’s strategy to focus on logistics assets in prime European locations. The property’s location near major transportation hubs, coupled with its modern specifications and long-term lease, ensures both strong tenant security and sustainable value creation.
Future Outlook
AEW’s investment highlights its commitment to providing innovative, sustainable solutions in the logistics real estate sector. With this addition to its portfolio, the company reinforces its position as a leader in acquiring high-quality, strategically located assets that meet the evolving demands of tenants and investors.
