LIP Invest adds to German logistics assets

Hafele

Logistics investor LIP has added a fifth property to its LIP Logistics Property Fund with a €20m acquisition in Hannover.

Located in Lehrte, east of the main city of Hannover, the 236,800 sq ft distribution centre is let on long-term lease to furniture, electronic locks and construction fittings supplier Häfele and was acquired from bauwo Grundstücksgesellschaft.

This content is only available to registered users

You must be logged in to continue

Gated access promo

Would you like to read more?

Register for free to finish this article

Registration includes the following benefits:

  • Access up to four FREE articles per month
  • Breaking news, comment and analysis from industry experts as it happens
  • Choose from our portfolio of email newsletters

To access this article REGISTER NOW

Four articles not enough? SUBSCRIBE for unlimited access to over 100 weekly articles and our comprehensive archive. For as little as £5 per week.

Registered users and subscribers SIGN IN here to continue