Wednesday, 3 December 2025
HIH Invest has purchased a newly completed logistics building in Alzey, Rhineland-Palatinate, from the TIMBRA Group for its HIH Deutschland+ Core Logistik Invest fund. The building, located at Otto-Lilienthal-Straße 15, was finished in February 2025 and has a total rental area of 10,164 sqm. It includes 9,287 sqm of logistics space, 777 sqm of office space and 100 sqm designated for hazardous materials. Lufthansa Technik Aero Alzey is the main tenant under a long-term lease.
The building was developed to meet DGNB Gold criteria and includes a heat pump, underfloor heating, photovoltaic panels, electric charging stations and a green roof. It has a clear height of 12 meters, a floor load capacity of 5 tons per sqm and a layout intended to support broad third-party usability.
The property is situated in an expanding industrial area in Alzey, a location positioned between several major cities in the region, including Frankfurt, Mainz, Wiesbaden, Mannheim and Kaiserslautern. The site connects to the A61 motorway within a short distance, and Frankfurt Airport can be reached by car in about an hour.
“Due to the limited availability of space and high land prices in Frankfurt am Main, logistics developers are increasingly focusing on surrounding communities with good transport links,” said Maximilian Tappert, Head of Transaction Management Logistics at HIH Invest. “Alzey has developed strongly as an industrial and logistics location in recent years. Further planned settlements, such as that of the international pharmaceutical company Eli Lilly, will lead to an additional upgrade of the location.”
Andreas Strey, Co-Head of Fund Management and Head of Logistics at HIH Invest, stated: “With the purchase of the logistics property in Alzey, we can further diversify our fund. The strategically favorable location, high sustainability requirements, and good third-party usability make the properties an ideal asset for our fund. We also have a tenant with a high level of loyalty to the location, which ensures stable cash flow in the long term.”
Representing the seller, Martin Gerkhardt of the TIMBRA Group commented: “By expanding the Lufthansa Technik Aero Alzey site, we have contributed to the economic development of the region. We are delighted to have gained HIH Invest as an experienced partner who will accompany the property’s life cycle in the long term.”
Following this acquisition, the HIH Deutschland+ Core Logistik Invest fund now holds nine properties valued at around €140 million. The fund targets a volume of €300 million and focuses primarily on logistics assets in Germany, with up to 30 percent invested in nearby countries including the Netherlands, France and Austria. The fund is classified under Article 8 of the EU Disclosure Regulation and targets institutional investors and financial institutions.
Legal and tax due diligence was carried out by Baker Tilly (Frankfurt), while Stane (Frankfurt) handled the technical and ESG assessments. CBRE acted as the broker for the transaction.
