HIH Invest Acquires New-Build Logistics Facility in the Netherlands

• Warehouse near Breda provides nearly 21,000 square metres of lettable area
• Premises longterm let to contract logistics operator DNA United Forwarders
• Acquired for institutional fund, HIH Deutschland+ Core Logistik Invest

Hamburg, 22 November 2023 – HIH Invest Real Estate GmbH (“HIH Invest”) just acquired a new-build logistics facility in the Netherlands on behalf of its HIH Deutschland+ Core Logistik Invest institutional fund. The property was sold by a joint venture composed of developer Dudok Real Estate and contractor Bouwbedrijf Vrolijk. Located inside the Treeport business park in Rijsbergen on a plot of 35,145 square metres, the facility was completed in May 2023 and is fully let to DNA United Forwarders B.V. (DNA), an internationally active contract logistics operator. Out of the total lettable area of 20,959 square metres, logistics space accounts for 18,454 square metres, office units for 857 square metres, and mezzanine space for 1,648 square metres. DNA has its principal place of business and the bulk of its goods storage here.

The property is equipped with a heat pump, charge points for electric vehicles and bicycles, and with attractive community areas for in-house staff. A photovoltaic system to cover the tenant’s energy demand will soon be installed and cover the entire roof surface. Surplus energy will be fed into the utility grid and help to supply the city of Breda with electricity. The facility will soon be certified with a BREEAM “Very Good” rating. “The warehouse was constructed in line with the latest ESG standards for the logistics sector, and is capable of operating carbon-neutral. Another perk is its high alternative use potential, as it can be split into several warehouse sections with a clear height of 12.20 metres,” said Maximilian Tappert, Head of Transaction Management Logistics. “Another factor that convinced us is the location. The innovative trading estate of Treeport places a premium on sustainability, and has direct access to the A16/A58 motorways. This puts the cities of Rotterdam and Antwerp, and thus the major seaports as well as major metro regions in Continental Europe within easy reach,” added Andreas Strey, Co-Head of Fund Management/Head of Logistics.

The new-build logistics facility brings the number of assets that HIH Invest acquired for the HIH Deutschland+ Core Logistik Invest up to a total of six. Three of these are located in the Netherlands. The fund aims for a target volume of 500 million euros or more. It focuses on modern core logistics properties with very good third-party usability and high ESG standards. The minimum subscription amount is five million euros. The fund’s target group includes institutional investors and financial institutions. While the main investment destination is Germany, around 30 percent of the fund capital is to be invested in neighbouring countries (the Netherlands, France, Austria). HIH Deutschland+ Core Logistik Invest pursues a strategy in line with Article 8 of the Sustainable Finance Disclosure Regulation (OffV).

Purchaser was advised by DLA Piper Nederland N.V. (legal), by Meijburg & Co B.V./KPMG (tax) and by Savills Building & Project Consultancy (technical). Seller was advised by Schaap (legal), EY (tax) and De Lobel & Partners (commercial).

“The warehouse was constructed in line with the latest ESG standards for the logistics sector, and is capable of operating carbon-neutral. Another perk is its high alternative use potential, as it can be split into several warehouse sections with a clear height of 12.20 metres.” Maximilian Tappert, Head of Transaction Management Logistics HIH Invest Real Estate

“Another factor that convinced us is the location. The innovative trading estate of Treeport places a premium on sustainability, and has direct access to the A16/A58 motorways. This puts the cities of Rotterdam and Antwerp, and thus the major seaports as well as major metro regions in Continental Europe within easy reach.” Andreas Strey, Co-Head of Fund Management/Head of Logistics HIH Invest Real Estate

HIH Invest Acquires Day Nursery in Leipzig

• Acquisiton for “HIH Zukunft Invest” Fund
• Standing property with over 1,600 square metres of lettable area
• Long-term lease signed with Johanniter-Unfall-Hilfe charity

Hamburg, 12 July 2023 – HIH Invest Real Estate (“HIH Invest”) acquired another day nursery (daycare centre), this one located in Leipzig, for its “HIH Zukunft Invest” open-ended institutional fund. The twostorey property at Clara-Wieck-Strasse 9 provides 1,638 square metres of lettable area to accommodate 165 children, thereof 28 in the crèche section and 117 in the preschool section. In addition, after-school care places for school children of up to ten years of age are available in the afternoon. The outdoor area covers about 1,800 square metres on a plot of 3,134 square metres.

The day nursery at Clara-Wieck-Strasse 9 is located directly next to another day nursery, located at Stöckelstrasse 37-41. The latter belongs to the portfolio of the “HIH Zukunft Invest” fund as well. The association sponsoring both facilities is the Johanniter-Unfall-Hilfe e.V., the national charity of the Order of St John in Germany. The lease agreement of the property just acquired will run for a remaining term of well over 15 years.

“The acquisition gives us the chance to invest in a day nursery that, while well-established, is still rather new, and that exploits synergy effects as it collaborates with the day nursery on Stöckelstrasse,” commented Jens Nagelsmeier, Head of Transaction Management Retail & Healthcare at HIH Invest. “Both facilities are located in a densely populated residential area in the Schönefeld-Abtnaundorf district in one of the fastestgrowing cities of Germany. Leipzig’s brisk demographic growth is expected to continue through 2035. As a consequence, day-care spots for children are very much in demand.”

This latest acquisition brings the portfolio of the “HIH Zukunft Invest” Article-8 fund, which is still in its investment phase, up to 17 assets. The fund focuses on educational facilities like day nurseries, schools and academic buildings in fast-growth cities and metro regions in Germany. The fund has a targeted volume of at least 100 million euros, and may use up to 50 percent leverage on the portfolio level.

The legal and tax due diligences for this transaction were handled by the law firm of Heuking Kühn Luer Wojtek in Hamburg. Consulting Partners Hamburg (CPH) was responsible for the technical due diligence..

“The acquisition gives us the chance to invest in a day nursery that, while well-established, is still rather new, and that exploits synergy effects as it collaborates with the day nursery on Stöckelstrasse. Both facilities are located in a densely populated residential area in the Schönefeld- Abtnaundorf district in one of the fastest-growing cities of Germany. Leipzig’s brisk demographicgrowth is expected to continue through 2035. As a consequence, day-care spots for children are very much in demand.” Jens Nagelsmeier, Head of Transaction Management Retail & Healthcare HIH Invest Real Estate