Bavaria Invest 1 GmbH, a subsidiary of the investment and asset manager ALÌTUS Capital Partners, has sold a commercial site in Regensburg to the smartUP Group.
The existing property with further development potential in the eastern quarter comprises a plot area of approx. 13,000 m². The existing tenancy has already been terminated. A short-term further development of the area is thus possible.
The sale is part of ALÌTUS’ strategic portfolio management and represents a targeted value realization according to the forward-looking development of the property. The aim of the transaction was to hand over to a project developer for further value creation
“The sale is proof of a successful exit in the context of our active asset management. In addition, the transaction underlines our strategic approach and our competence to leverage development potential and realize it in the right market environment,” says Manfred Kronas, Managing Partner of ALÌTUS Capital Partners.
“With the acquisition of the property in Regensburg, we are further expanding our strategic presence in southern German metropolitan areas. The project offers excellent development potential, is located in an economically strong region with high demand and thus fits perfectly into our growth strategy. We would like to thank ALÌTUS for the smooth and cooperative transaction process,” adds Frank Papendorf, founder and managing director of the smartUP Group.
smartUP plans, plans, builds and operates modular warehouse, garage and business parks. The flexibly divisible units with different sizes, short lease terms and optional equipment packages offer craftsmen, medium-sized companies and founders, as well as start-ups, an optimal infrastructure for their business. For private customers, the high-quality construction and the well thought-out safety and security concept in particular represent added value when storing high-quality movable property such as motorhomes and classic cars.
After the demolition of the site, which is still to be carried out, smartUP is building a park with over 6,000 m² of rental space, spread over 176 units, with the smallest unit starting at 16.5 m². The opening is planned for the first quarter of 2027.
