Catella Real Estate expands logistics portfolio with new acquisitions
Deal News | Dec 03, 2024 | Catella Real Estate AG
Catella Real Estate AG (CREAG), a Munich-based private equity firm, has successfully expanded its logistics portfolio by acquiring a set of three cross-dock logistics properties in Germany for its 'Catella Logistik Deutschland Plus' special fund. These properties, located in Nuremberg, Mainz, and Iserlohn, cover a total area of 15,163 m² and are equipped to cater to logistics needs with parking spaces for lorries, vans, and cars. Acquired from a DWS real estate fund, the buildings were constructed in 2016 and are currently leased to Deutsche Post. The properties function as essential last-mile cross-dock sorting and delivery bases, underscoring Catella’s strategic investment into logistics infrastructure pivotal for modern supply chains.
Sectors
- Real Estate
- Logistics
Geography
- Germany – The acquisition involves logistics properties located in Nuremberg, Mainz, and Iserlohn, Germany.
Industry
- Real Estate – The acquisition of logistics properties by Catella Real Estate involves the buying and management of real estate assets.
- Logistics – The properties serve as last-mile cross-dock sorting and delivery bases, highlighting the logistics function central to the transaction.
Financials
- 15,163 m² – Total lettable area of the acquired logistics properties.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Catella Real Estate AG | Bidding Company | Company | A private equity firm based in Munich, focusing on real estate investments. |
| DWS Real Estate Fund | Selling Company | Company | The fund from which Catella Real Estate acquired the logistics properties. |
| Deutsche Post | Tenant | Company | The sole tenant of the acquired properties, utilizing them for logistics purposes. |