Schnellecke Real Estate sells logistics property in Sassenburg (Lower Saxony) to Periscope
Schnellecke Real Estate GmbH has sold a modern logistics and production property in Sassenburg near Wolfsburg to the Periscope Logistics Fund.
The property at Rohwiesen 2 has around 49,000 m² of rental space and was developed and realised by Schnellecke Real Estate over the past two years on a plot of land of around 93,000 m². The property has been awarded the DGNB Gold sustainability certificate.
The long-term user of the property is an automobile manufacturer that uses the site for an assembly and logistics center.
With this transaction, Schnellecke Real Estate is continuing its strategy of developing high-quality and sustainably designed logistics properties and contributing its know-how as a sought-after logistics provider.
“With the successful sale of this property, we are underlining our strength as a developer of sustainable logistics locations as well as our ability to implement challenging projects in a targeted manner and position them attractively for institutional investors,” says Ludwig Büttenbender, Managing Director of Schnellecke Real Estate GmbH.
“The acquisition of the modern logistics property near Wolfsburg further diversifies and strategically strengthens the portfolio of the periscope logistics fund. The property impresses with its consistent focus on ESG standards, security requirements and functionality. It thus meets the quality requirements of the investment strategy to a particularly high degree,” says Dr. Kilian Mahler, Managing Partner of Periskop Logistics.
JLL exclusively advised the seller Schnellecke Real Estate on the transaction.
