Frasers Logistics and Commercial Trust expands its portfolio in Germany

20 March 2024

We are pleased to announce that FLCT has acquired 89.9% stakes in a logistics portfolio of four properties for €129.5 million in Germany. 

 

The properties have a combined GLA of  72,422sqm. They are fully occupied by multinational customers like Schenker AG, DACHSER GmbH & Co . KG and Hermes Germany  GmbH. The other customers, Posagenda GmbH and TB International GmbH , are in the logistics, distribution, and consumer and retail product sectors.

 

Three of the assets are strategically located within the “Blue Banana” region which denotes the European regions with dense urban population of over 110 million and represents the corridors of Europe, passing through its two largest ports (in Belgium and the Netherlands), across the Rhine region in Germany to northern Italy. The freight and logistics market in Germany is one of the largest in Europe. 

Related News

07.10.26

Construction progress at Edge, Kemps Creek

Take a look at a new chapter taking shape in our latest construction update at Edge, our 63-hectare premium industrial estate in Kemps Creek.

03.10.26

Making Momentum | IVE Group’s next chapter at Rubix Connect

We believe long-term partnerships are built by understanding what our customers need to grow. Our long-standing partnership with IVE Group is a strong example of this approach in action.

23.09.26

FlexCity Mülheim officially opens

Providing over 23,000 sqm of flexible logistics space in Germany's Rhine-Ruhr region, the new hub welcomes JW Fulfilment.

16.09.26

New lease with national healthcare distributor in Melbourne’s north

We have secured a seven-year pre-lease agreement with one of Australia’s leading providers of healthcare equipment, at its 4Ten Epping estate in Melbourne’s northern growth corridor.

14.09.26

Allshelter's new facility at The YARDS

Allshelter has a new home for its next phase of growth at The YARDS in Western Sydney with a new facility to support their operations, repairs, servicing and distribution.

It helps to stay informed and ahead.
Subscribe to our latest news.