Aquila Capital, one of Europe’s leading independent alternative asset managers, has acquired a logistics centre for an undisclosed sum on behalf of a group of institutional investors in Asia. The centre, which spans 80,000 m², is in a prime location in Worms, south-west Germany.
The property benefits from a long-term lease agreement with Robert Bosch GmbH, a leading German global supplier of technology and services with a high credit rating. It was significantly upgraded at the end of the last year and meets modern logistics standards.
The property's previous owner was the Wegner Group; responsible for the property management of the centre will be Habacker Engineering.
Worms is an established logistics base and the centre has direct access to the A61 and A6 motorways.
Rolf Zarnekow, Head of Real Estate Investments at Aquila Capital, said: “This is a highly attractive transaction for Aquila Capital and its investors. It caters to the increasingly strong demand from investors for solutions that meet their individual requirements.
“Investment opportunities of this calibre are extremely rare. Germany's logistics market is seeing significant growth and high quality, modern assets in prime locations are scarce so our centre in Worms should therefore benefit from stable levels of rent. A further key advantage of the property is its long-term lease with Robert Bosch GmbH.”
Roman Rosslenbroich, co-founder and CEO of Aquila Capital commented: “The transaction further adds to our significant track record in real asset investment solutions. The combination of Aquila Group’s structuring expertise with Aquila Capital’s specialised real asset investment teams and excellent market access enables us to provide high quality investment solutions designed to meet investors’ individual requirements.“
About Aquila Capital
Established in 2001, Aquila Capital is committed to provide institutional investors worldwide with alternative investment solutions in real assets, financial and private markets. Applying a multi-disciplinary investment approach, Aquila Capital’s range of alternative investments is managed by dedicated specialists in their respective asset classes and underpinned by an infrastructure that combines strong operations, stringent corporate governance and a successful track record. Aquila Capital has been dedicated to develop alternative investment solutions since its establishment. Over 200 professionals across eight offices globally are working across the whole value chain of alternative investments to generate stable, positive returns for investors.
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