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The site will be redeveloped on a speculative basis to encompass approximately 57,000 sqm of Grade-A logistics space built to a DGNB Platinum standard. Construction is scheduled to commence in mid-2026 with project completion targeted for 2027. This acquisition represents Cain’s tenth speculative logistics development in Europe and fourth in Germany, further enhancing its growing logistics portfolio valued at over €1.5 billion across core European markets.
The development will be delivered by NVELOP Real Estate, a specialist in logistics, industrial, and data centre properties.
Hogan Lovells provided legal counsel on the transaction and contractual negotiations, ensuring a smooth acquisition process.
Hogan Lovells team for Cain International
Dr. Dirk Debald (Partner), Claudia Wolf (Counsel), Florentine Gottwald, Annemarie Sophie Nowak (both Associates) (all Real Estate, Hamburg);
Bernhard Kuhn (Partner, Real Estate, Frankfurt);
Dr. Mathias Schönhaus (Partner), Annika Rech (Associate) (both Tax, Berlin/Dusseldorf).