Goodwin Procter LLP advised LIP Invest on the deal.
LIP Invest, a leading investment company specializing in logistics real estate in Germany, announced the acquisition of a logistics property in Bavaria. The fully-let property in Frontenhausen, Lower Bavaria, was built in 2009 and consists of three individually usable logistics halls with a total area of 25,500 square meters.
LIP Invest, founded in 2017, invests in the asset class logistics real estate throughout Germany. The company currently manages properties with a total rental area of around 750,000 square metres and a volume of approx. €1 billion.
The Goodwin team was led by Peter Junghänel (Picture), including Heiko Penndorf, Catharina Förster and Felix Weber.
Law Firms: Goodwin Procter;
Clients: LIP INVEST GmbH;