Aurelis Real Estate has acquired a logistics site in Altlandsberg on the outskirts of Berlin from METRO Properties. It measures around 177,000 sqm, is located next to the A 10 motorway and is used by METRO. The parties have agreed not to disclose the purchase price.
METRO Properties, METRO's real estate company, leases the entire property back from Aurelis. The area includes a building with almost 62,000 sqm of logistics and 6,250 square metres of office space. The company serves the whole of northern Germany from this transshipment point. Up to 500 trucks can be handled via 142 ramps and gates 24 hours a day.
"Our purchasing activities focus on freight transport centres in metropolitan regions. This property fits perfectly with our strategy", says Torsten Wollenberg, Head of Region North at Aurelis. The transaction was carried out by METRO Properties, advised by Logivest GmbH, a consulting company specialized in logistics real estate.
