Jaroslav Hloušek appointed Director of SAP Department at Eviden

Eviden, a prominent SAP implementation partner, has announced the appointment of Jaroslav Hloušek as the new Director of its SAP department. Bringing decades of experience from both public and private sectors, Hloušek is set to lead the company’s SAP initiatives, with a focus on migrating medium-sized businesses to the cutting-edge SAP S/4HANA platform.

Hloušek joins Eviden following a six-year tenure at Česká pošta, where he directed the ICT and eGovernment department. At Česká pošta, he oversaw critical operations, including infrastructure, application management, and cyber security, alongside developing innovative IT solutions such as IS data boxes, CzechPoint, and data warehouses.

In his new role, Hloušek is determined to bridge the gap for medium-sized enterprises hesitant to adopt SAP S/4HANA.

“One of the key tasks will be to demonstrate the advantages of integrating AI, cloud technology, and the SAP platform to midsize companies,” said Hloušek. “While large corporations have largely transitioned to SAP S/4HANA, midsize customers require more tailored support, clear arguments, and patience to fully appreciate the benefits of this innovation. My experience in state-run IT provides a valuable perspective in these conversations.”

A Veteran in ICT Leadership

Hloušek’s career in ICT spans over 25 years, beginning in 1998 when he directed the INVEX Computer Fair in Brno, Europe’s second-largest IT exhibition. Over the years, he has held senior leadership roles across organizations providing infrastructure and information systems, including:
• CEO of Anect: Delivered infrastructure projects for major government clients, such as the Ministry of Labour and Social Affairs and the Ministry of Finance.
• Director at Comint: Spearheaded the development of systems for the Ministry of Transport and created a portal for the Ministry of Justice.

In addition to his executive roles, Hloušek has contributed to ICT policy and governance as a member of the Board of Directors of the Association for Information Society, the Government Council for Information Technology, and as an advisor to the Minister of Transport.

Personal Background

At 52 years old, Hloušek balances his professional achievements with a dynamic personal life. Divorced with three children, he enjoys sports and the practice of hardening. Fluent in English, German, and Russian, his global outlook aligns with Eviden’s vision of expanding its SAP offerings across diverse markets.

With Hloušek at the helm, Eviden aims to solidify its position as a leading SAP implementation partner, empowering businesses to harness the full potential of modern IT solutions.

REAX Advisory guides INTREAL Luxembourg in optimising business operations for future growth

REAX Advisory GmbH has successfully completed a comprehensive consulting mandate with INTREAL Luxembourg S.A., a leading alternative investment fund manager (AIFM), to refine and optimise its operational model. The initiative focused on analysing current processes, uncovering untapped efficiency opportunities, and implementing strategies to sustain growth and bolster competitiveness.

Annika Dylong, Managing Director at REAX Advisory, highlighted the importance of agility in the financial sector: “The dynamic nature of the financial industry demands constant evaluation and evolution of business models. Our work with INTREAL Luxembourg S.A. identified significant optimisation opportunities, which we systematically addressed to enhance the company’s operational structure and long-term efficiency.”

Comprehensive Analysis and Strategic Implementation

The consultancy’s efforts involved an in-depth review of over 20 core processes, including risk management, fund issuance, data management, and reporting. This led to the development of 16 targeted optimisation measures, ranging from restructuring internal workflows to leveraging synergies between INTREAL’s Luxembourg operations and its headquarters in Hamburg, Germany.

Key outcomes of the project included:
• Enhanced Organisational Agility: A more flexible structure was introduced, supported by an optimised communication framework to ensure seamless coordination among stakeholders.
• Clearer Competency Definitions: Transparent ownership of tasks improved internal collaboration and accountability.
• Digital and Data-Driven Enhancements: A revised sales strategy, a roadmap for core system integration, and a new document management system were implemented.
• KPI-Driven Oversight: A performance monitoring dashboard now provides real-time insights into operational efficiency.

A Future-Ready Operating Model

Kai Nelson Dreisigacker, Managing Director at REAX Advisory, underscored the significance of the transformation: “Our work has equipped INTREAL Luxembourg S.A. with an operating model designed for sustained growth in a competitive and evolving market. The measures implemented foster efficient workflows, robust internal communication, and clearly defined responsibilities, paving the way for future success.”

The project’s success ensures that INTREAL Luxembourg S.A. is well-positioned to navigate a shifting financial landscape, leveraging its optimised processes to deliver value and maintain its competitive edge.

Žižkov emerges as Prague’s hottest property market with record price growth

Žižkov, a district long overlooked in Prague 3, has transformed into one of the city’s most desirable neighborhoods, leading the metropolis in year-on-year apartment price increases. Central to this transformation is the Park District Residence by CENTRAL GROUP, which has become Prague’s best-selling luxury apartment project. With additional large-scale developments underway, CENTRAL GROUP has cemented its position as the largest private investor and developer in Žižkov.

Once a neglected part of the city, Žižkov has undergone a dramatic metamorphosis in recent years. Abandoned industrial sites and brownfields have been revitalized into modern residential and commercial hubs, while existing infrastructure and amenities have been upgraded. These changes have not only attracted new residents but also enhanced the quality of life for the long-time community.

At the heart of this evolution is CENTRAL GROUP’s Park District Residence, located in Nový Žižkov. The project, which features luxury apartments in energy-efficient buildings, has seen overwhelming demand. The first phase, consisting of approximately 390 flats, is nearly sold out, while over a third of the apartments in the initial phase of a new city block were booked within a month of launch. Due to high demand, a further 60 flats have been made available at limited-time introductory prices, starting at CZK 5.7 million.

The development also offers premium living features, including air conditioning, underfloor heating, and expansive views of Prague from its top-floor sample apartments. According to CENTRAL GROUP’s Sales Director, Jana Martínková, the project’s popularity highlights the district’s rising appeal. “Nový Žižkov is taking over from Karlín and Holešovice as the brightest star in Prague’s real estate market. We are thrilled that our projects are leading this transformation,” Martínková remarked.

Žižkov’s desirability is further boosted by its proximity to central Prague, excellent public transport links, and a vibrant mix of cultural, recreational, and dining options. Green spaces such as Vítkov, Parukářka, and Malešický Park provide ample opportunities for relaxation, making it an attractive area for residents and investors alike. Housing prices in the district have surged by more than 16% year-on-year, the fastest growth in the city, with the trend expected to continue.

The Park District Residence exemplifies the revitalization of a brownfield into a thriving urban neighborhood. Built on the site of the former Žižkov Freight Station, the development integrates residential blocks with community features such as a six-class kindergarten, a 1.5-hectare park, and a promenade with water features. Commercial spaces on the ground floors of the buildings will house shops, restaurants, and services, fostering a dynamic metropolitan atmosphere.

Designed by prominent architect Jakub Cigler and nine leading studios, the development incorporates architectural elements inspired by the traditions of Vinohrady and Žižkov, including semi-enclosed city blocks and modern façade designs. The combination of exclusive materials such as glass railings and triple-glazed windows enhances both aesthetics and energy efficiency.

Beyond the Park District, CENTRAL GROUP is also developing the Centrum Nový Žižkov, designed by architect Eva Jiřičná, and the Nový Jarov projects. Together, these initiatives will deliver 4,600 apartments, school facilities, and extensive green areas, making CENTRAL GROUP the dominant player in Žižkov’s urban renewal.

As part of its broader investment in the locality, CENTRAL GROUP has already renovated Basel Square, contributing CZK 200 million to its reconstruction. The company plans further investments totaling more than CZK 750 million, underscoring its commitment to Žižkov’s development.

“When we launched sales for the first phase of the Park District in 2021, apartment prices started at CZK 4.4 million. Now, similar apartments cost nearly CZK 6 million, marking a 30% appreciation in just three years,” Martínková explained. “Žižkov is not only an exceptional place to live but also a promising investment opportunity.”

As the district’s transformation continues, Žižkov stands poised to solidify its reputation as one of Prague’s most sought-after and dynamic neighborhoods.

Source: CENTRAL GROUP

Fond Českého Bydlení expands portfolio with over 300 flats, valuing assets at EUR 40 Million

Fond Českého Bydlení, the Czech Housing Fund specializing in residential rental housing, has significantly expanded its portfolio with the acquisition of two apartment buildings in Beroun and Chomutov. This transaction, valued in the tens of millions of euros, adds 313 fully rented apartments spanning nearly 20,000 square meters to the Fund’s holdings. With this move, the Fund’s asset value has surpassed EUR 40 million (CZK 1 billion), more than doubling its portfolio size since inception.

The acquisitions, facilitated by Czech Home Capital, mark a milestone for Fond Českého Bydlení. Legal advisory services were provided by Glatzová & Co., while technical due diligence was conducted by Proficheck, s.r.o., and Bytecheck, s.r.o.

Since its founding in 2018 as the Czech Republic’s first fund focused solely on rental housing, Fond Českého Bydlení has consistently delivered strong performance. Co-founder Jakub Kořínek emphasized the strategic importance of the recent acquisitions.

“Our long-term goal is to maintain the Fund’s stable performance,” Kořínek said. “These acquisitions represent profitable investments and will help us achieve a yield competitive with or better than last year, when we achieved an 8.27% annual appreciation. Investors who joined at the Fund’s inception have already seen their investments grow by more than 50%.”

Kořínek also highlighted the Fund’s emphasis on regional rental housing markets as a key to sustained growth. “Investing in rental housing, particularly in smaller towns and catchment areas, has proven to be a smart strategy. It allows us to deliver consistent year-on-year appreciation. We are actively pursuing additional acquisitions to further strengthen our portfolio.”

The newly acquired properties are notable for both their size and their locations. The Beroun property features 55 apartments averaging 38 square meters, while the Chomutov building comprises 258 apartments with an average size of 56 square meters.

“Beroun is a very attractive town near Prague with full public amenities and excellent transport links,” Kořínek explained. “As property prices in major cities continue to rise, we are focusing more on smaller towns with strong growth potential.”

Chomutov, in particular, stands out due to the ongoing construction of the D7 motorway, which will significantly reduce travel times to Prague and other key areas. This makes it an affordable alternative for residents working in regions like Kladno, Slaný, and Louny.

Both properties are fully occupied by stable tenants, ensuring immediate cash flow. Kořínek noted that while the buildings have been well-managed, plans are in place for future revitalization to enhance their long-term value.

With the addition of these properties, Fond Českého Bydlení now manages a portfolio of 20 buildings across 12 locations in the Czech Republic and Slovakia. The portfolio includes 487 residential and non-residential units, encompassing a total lettable area of 29,327 square meters.

“Fond Českého Bydlení continues to position itself as a stable and promising investment vehicle in the rental housing sector,” Kořínek concluded. “Our focus on long-term value creation and sustainable yields makes us an attractive choice for investors.”

This latest acquisition underscores the Fund’s commitment to expanding its footprint while maintaining its reputation as a leader in the Czech rental housing market.

Savills report highlights Poland as a rising logistics powerhouse in Central and Eastern Europe

Poland is emerging as a key logistics hub in Central and Eastern Europe, driven by its strategic location, robust infrastructure development, and shifting global supply chain dynamics. A recent report by Savills, titled “Poland Express: All Aboard the Polish Logistics Freight Train,” underscores the country’s growing importance as a logistics and production center for Western Europe and Scandinavia, amid companies diversifying away from Asia.

Economic Growth and Consumer Trends

Poland’s economic transformation since 1990 has positioned it as a standout performer among OECD countries. Over the last decade, household incomes have surged by 31.2%, compared to a modest EU average of 5.5%. This economic progress has fueled a 46% increase in consumer demand over the same period, with an additional 13% growth projected by 2029.

The report highlights the rapid expansion of Poland’s e-commerce sector, which accounted for 8.7% of retail sales in 2024. This share is expected to grow to 23% in the coming years, driving demand for warehousing and logistics space. Global players like Amazon, Zalando, Shein, and VidaXL have already established operations in Poland to serve Western European and Scandinavian markets.

Infrastructure: A Key Driver

Poland’s infrastructure advancements have been a game-changer for its logistics appeal. Supported by €229 billion in EU funding from 2007 to 2027, the country has developed a modern network of roads, railways, and ports. The Port of Gdańsk, a critical player in the Baltic region, handled 79.6 million tonnes of cargo in 2023—an impressive 26.1% increase from 2022.

“Poland’s strategic location and well-developed road infrastructure make it the ‘centre of gravity’ for logistics operations across Europe,” said Katarzyna Pyś-Fabiańczyk, Director and Head of Industrial Services Hub at Savills.

Competitive Labour Costs and Foreign Investment

Poland’s labor market continues to attract international corporations, with average costs of €14.5 per hour—54% lower than the EU average. Foreign Direct Investment (FDI) has also surged, equating to 3.8% of GDP over the past three years, compared to the European average of just 0.2%. Manufacturing remains a major focus, accounting for 33.1% of FDI expenditure.

Strong Demand for Warehousing Space

Poland’s warehousing market consistently ranks among the top in Europe, often outperforming countries like France, Spain, and the UK. While 2023 saw a 25% year-on-year decline in logistics leasing to 3.37 million sqm, the figure was still 31% higher than pre-pandemic averages. Demand rebounded in the first half of 2024, increasing by 19% compared to the same period in the previous year.

Rents remain competitive, ranging from €54 per sqm annually in Central Poland to €60 per sqm in the Warsaw II zone, ensuring the country’s continued attractiveness for logistics investments.

Land Market Restructuring and Future Prospects

Changes in Poland’s Spatial Planning Act, set to take effect in 2026, will introduce new zoning regulations aimed at streamlining industrial and service areas. While this is expected to provide greater predictability for investors, it may also limit the availability of new land for logistics development, particularly in high-demand regions like Warsaw, Kraków, and the Tricity area.

“We retain a competitive edge over neighboring Central European countries in terms of land availability, particularly in Special Economic Zones,” said Rafał Bochenek, Land Acquisition Manager at Savills Industrial Agency. “However, plots suitable for logistics parks in key transport hubs are dwindling, leading to rising land prices.”

Poland’s Logistics Future

Poland’s appeal as a logistics hub lies in its proximity to Western Europe, competitive operating costs, and growing domestic consumption. The report concludes that Poland is well-positioned to remain a leader in the logistics sector, particularly as nearshoring trends accelerate across Europe.

This rising status as a logistics hub reinforces Poland’s reputation as a central player in the reshaping of global supply chains.

CBRE marks 25 years in the Czech Republic: Evolution of commercial real estate

CBRE, a global leader in commercial real estate services, marks 25 years of operations in the Czech Republic. Over this period, the country’s commercial real estate sector has transformed dramatically, evolving into a mature, competitive market that attracts both domestic and international investors.

From Offices to Diverse Investment Portfolios
In its early years, the Czech commercial real estate market focused heavily on office properties. However, as the market developed, other sectors—such as retail, industrial and logistics, and even emerging asset classes like student housing and medical facilities—began to capture investor interest.

“Over the past quarter-century, we’ve witnessed pivotal moments, such as the Czech Republic’s entry into the EU in 2004, which boosted investor confidence, and the resilience shown during the 2008 financial crisis. These events shaped the robust market we see today,” said Jakub Stanislav, Head of Investment Properties at CBRE.

While peak investment years like 2016, 2017, and 2019 saw annual transactions exceeding €3 billion, the market now stabilizes at an average of €1.9 billion per year, supported by growing interest in sustainable and alternative investments.

Office Market: Adapting to New Work Models
Since CBRE established its Czech branch in 1999, Prague’s office market has tripled in size, expanding from 1.3 million sq m to 3.9 million sq m today. The pandemic reshaped workplace dynamics, accelerating the adoption of hybrid work models and sparking demand for flexible office spaces.

“The vacancy rate in Prague stands at a low 8.1%, the best among CEE capitals. Future growth will be driven by technological innovation, employee well-being, and sustainability,” said Helena Hemrová, Head of A&T Office at CBRE.

CBRE has played a key role in securing spaces for major clients, including Raiffeisenbank, Siemens, and Seznam.cz, contributing to the development of prominent office hubs like Pankrác and Karlín.

Retail Market: From Hypermarkets to E-Commerce
The Czech retail landscape has grown eightfold in the last 25 years, with shopping center spaces now totaling 2.6 million sq m. The market transitioned from hypermarkets to integrated shopping and entertainment hubs.

“E-commerce and digitization are redefining retail. While shopping center footfall remains slightly below pre-pandemic levels, sales have surpassed 2019 figures, partly due to inflation,” noted Jan Janáček, Head of A&T Retail.

CBRE has been instrumental in the expansion of global brands like Samsung, Versace, and Ralph Lauren into the Czech market, solidifying the country’s position as a retail hotspot.

Industrial and Logistics: An E-Commerce Catalyst
The Czech industrial and logistics sector has grown from 502 km of highways in 1999 to 1,388 km today, creating a foundation for a 12.1 million sq m leasable market. EU integration and foreign investment, particularly from Germany and South Korea, have driven this expansion.

“The pandemic sparked unprecedented demand for logistics space. While the market is normalizing, it remains strong, with growing interest from manufacturing companies,” said Jan Hřivnacký, Head of Industrial Leasing.

CBRE facilitated the development of key logistics hubs near Prague, Brno, and Ostrava, and brokered major transactions for developers like Panattoni and P3.

The Next Chapter
Looking ahead, sustainability, technology, and flexibility are expected to shape the Czech real estate landscape. As CBRE celebrates its 25-year milestone, its contributions to the sector underscore its role in driving innovation and growth in one of Central Europe’s most dynamic markets.

Source: CBRE Czech Republic

RTR-Transport and Logistics relocates to new facility at VGP Park Ústí nad Labem City

RTR-TRANSPORT A LOGISTIKA has moved into its new home at VGP Park Ústí nad Labem City, occupying over 10,700 m² of warehouse and administrative space in the newly completed Building B. The facility, part of a 29,000 m² addition to the park, is designed to meet high environmental standards and is targeting BREEAM Very Good certification.

The park’s strategic location, just two kilometres from the D8 motorway connecting Prague and Dresden, offers excellent access for last-mile logistics and distribution within the Ústí nad Labem region. Its proximity to the city centre, public transport, and a skilled local workforce further enhances its appeal for businesses.

RTR-TRANSPORT A LOGISTIKA, a comprehensive logistics provider operating since 1991, manages its operations with a fleet of trucks and now boasts a total warehouse area of 20,000 m². The company employs more than 100 people and is known for its robust logistics solutions.

VGP Park Ústí nad Labem City is situated on a revitalised 11-hectare brownfield site near the city centre. The development includes three halls with a total lettable area exceeding 52,000 m². Hall A is already fully leased to Exyte Technology and Bosal Aftermarket Europe, while Hall B has now welcomed RTR-TRANSPORT A LOGISTIKA. Construction of Hall C, with 18,700 m² still available for lease, is ongoing.

The park prioritises sustainability, featuring eco-friendly elements like a green façade and a retention basin with an insect hotel. It is easily accessible, with public transport stops nearby, a train station five minutes away on foot, and the city centre just a three-minute drive.

With its prime location and advanced features, VGP Park Ústí nad Labem City continues to attract key tenants and strengthen the region’s logistics and industrial landscape.

Union Investment adds Amsterdam’s “The Pulse” to portfolio in €400 million deal

Union Investment has officially taken ownership of the newly completed mixed-use complex The Pulse, located in Amsterdam’s prestigious South Axis district. Acquired in 2021 as a development project, the property represents an investment of approximately €400 million and now joins the portfolio of the UniImmo: Deutschland fund.

Developed by a joint venture between VORM and EDGE, The Pulse exemplifies modern urban design with its integrated mixed-use concept. Martin Schellein, Head of Investment Management Europe at Union Investment, emphasized the project’s significance: “The Pulse is a pivotal element in the evolution of Amsterdam’s South Axis and a valuable addition to our portfolio. Its innovative design maximizes synergies between office, residential, retail, and leisure spaces, making it more than just the sum of its parts.”

The complex offers approximately 36,000 m² of prime office space, 200 residential units spanning 9,600 m², 1,600 m² dedicated to retail and dining, and a boutique cinema occupying 2,700 m². Its standout public areas include a park, an urban forest located on the eighth floor, and several rooftop terraces designed to foster community interaction. The project is aiming for BREEAM “Outstanding” and WELL “Platinum” certifications, reflecting its commitment to sustainability and well-being.

Key tenants have already been secured, including Boston Consulting Group (BCG), energy company Axpo, engineering and IT firm Da Vinci, and renewable energy specialist DRI Energy (TBC). The residential units have also seen high demand, with most apartments already leased.

In the latest milestone, restaurant operator Ysbreeker has signed a lease for 738 m² on the ground floor. The popular café and restaurant, known for its vibrant atmosphere, is set to open in March 2025, adding to the site’s appeal as a community hub.

Marcel Rousseau, Head of Asset Management Europe 3 at Union Investment, highlighted the strong tenant uptake: “The Pulse has already demonstrated its attractiveness through high-profile lease agreements across its office, residential, and retail spaces. This underscores its strategic value in Amsterdam’s dynamic South Axis.”

With its prime location and innovative features, The Pulse is set to become a landmark development, further enhancing Amsterdam’s reputation as a hub for integrated urban living and business.

MLP Group reports revenue and profit growth through Q3 2024

MLP Group, a European logistics and industrial real estate platform, has reported strong financial results for the first three quarters of 2024, driven by rising demand for warehouse spaces and strategic investments across its key markets.

The group’s consolidated revenues increased by 4% year-on-year to PLN 278.3 million (€64.7 million), with rental income growing 8% to PLN 161.3 million (€37.5 million). The value of its investment properties rose 15% to PLN 5.23 billion (€1.22 billion), while net asset value (NAV) increased by 10% to PLN 2.64 billion (€617 million). NAV per share stood at PLN 110 (€25.7), reflecting a 10% year-on-year growth.

EBITDA, excluding valuation adjustments, rose 4% to PLN 141.4 million (€32.9 million). However, funds from operations (FFO) declined by 26% to PLN 54.0 million (€12.6 million), partly due to increased development activity. Net profit for the period reached PLN 265.1 million (€61.6 million).

Strategic Growth and Investments

MLP Group continues to expand its footprint across Poland, Germany, Austria, and Romania. The company currently operates 23 logistics parks, with 1.2 million m² of completed warehouse space and an additional 260,000 m² under construction or in planning. The development potential of its land portfolio exceeds 1.9 million m².

In October 2024, MLP Group successfully issued bonds worth €300 million, listed on the Luxembourg Stock Exchange and traded on the Euro MTF market. Proceeds from the issuance are earmarked for further expansion, with a focus on Germany, where approximately 60% of the funds will be allocated.

“We see positive market conditions across all regions. Our recent bond issuance will support growth, particularly in Germany, where we’re launching projects in Düsseldorf, Schalke, Frankfurt, and Spreenhagen near Berlin,” said Radosław T. Krochta, CEO of MLP Group S.A. “Poland remains a key market for us as well. We plan to acquire land in Rzeszów near the Ukrainian border to develop a logistics center targeting cross-border investments. Additionally, we aim to expand in Austria, Romania, and eventually Amsterdam.”

Focus on Long-Term Value

Aligned with its “build & hold” strategy, MLP Group retains ownership and management of its logistics parks post-construction, emphasizing long-term value creation. Key features of its projects include prime locations, built-to-suit solutions, and ongoing tenant support throughout lease terms.

As MLP Group positions itself for continued growth, it remains committed to urban logistics and large-scale “Big Box” facilities, ensuring a diverse and robust portfolio to meet the evolving needs of its clients.

HIH Invest secures future ZF manufacturing site in Niederzissen

HIH Invest Real Estate has announced the acquisition of the future manufacturing site for automotive supplier ZF in Niederzissen, Rhineland-Palatinate. The deal, conducted on behalf of an institutional investor’s open-ended special fund, marks a significant addition to HIH Invest’s portfolio.

Situated on a 20,450-square-metre plot on Im Stiefelfeld street, the development will deliver a total lettable area of 15,634 square metres. The space will include 11,494 square metres dedicated to manufacturing and warehousing, 1,654 square metres for offices and staff rooms, and 2,486 square metres of outdoor areas. Additionally, the site will feature 148 car parking spaces and pre-installed infrastructure for electric vehicle charging stations. Completion of the facility is scheduled for the fourth quarter of 2025.

The building will incorporate advanced sustainability features, including a heat pump and rooftop photovoltaic system, enabling carbon-neutral operations. The property is also on track to receive the “Gold” certification from the DGNB (German Sustainable Building Council), reflecting its high environmental standards.

ZF will be the sole tenant of the facility. The company is relocating from Ahrweiler, where its previous site was severely impacted by the July 2021 floods. At the new site, ZF will produce damping technology valves, solidifying its commitment to advanced manufacturing.

While structured as a logistics facility, the design’s versatility allows for easy repurposing if needed. “With ZF as a long-term tenant investing heavily in its new location, the facility is well-positioned for the future,” said Maximilian Tappert, Head of Transaction Management Logistics at HIH Invest. “Its classic floor plan and robust delivery access make it adaptable for potential logistics use, should the need arise.”

The site’s location in the Brohltal Ost industrial zone, adjacent to the A61 motorway, offers excellent connectivity. Situated in the Ahrweiler district, it straddles the southern boundary of the Cologne-Bonn logistics region, home to Germany’s second-largest air cargo hub. The site also benefits from proximity to critical transport routes across the Rhine.

David Sanders, Head of Fund Management Multi Manager Business at HIH Invest, emphasized the significance of the acquisition. “This transaction showcases our ability to identify high-quality opportunities even in challenging market conditions. The property not only meets our rigorous ESG criteria but also aligns with our commitment to sustainable investment and long-term value creation.”

Legal and tax advisory services for the acquisition were provided by Frankfurt-based law firm Ashurst. Technical and ESG due diligence were conducted by Case Real Estate, ensuring compliance with both operational and environmental standards.

With its modern design, strategic location, and commitment to sustainability, the ZF manufacturing site is poised to become a benchmark for industrial and logistics facilities in the region.

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