TH Real Estate has acquired a distribution centre near Erfurt for the German Logistics Fund II (GLOF II). Logivest advised on the transaction of the distribution centre in Hörselgau.
The modern Hörselgau logistics centre near Erfurt has a total rental area of approx. 61,250 square metres spread over six hall sections. It was built in 2010 and extended five years later. An additional 700 square metres of office space and an extension to the car park are currently being planned. The seller, an internationally active logistics service provider, then rents the property for use by its logistics division. In addition to a connection to the A4 motorway, the region around Hörselgau has excellent connections to the German motorway network.