LOANLAND provides financing for logistics development

19. July 2023

LOANLAND provides financing for logistics development with long-term lease agreement in Walsrode, Lower Saxony 

Frankfurt, 19th July 2023 – LOANLAND Real Estate Tactical Credit Fund I S.C.A. SICAV-RAIF provides a whole loan in the low double-digit million euro range to finance the first phase of a logistics development in the A27 Park in Walsrode. This is the first financing of the fund launched in May 2023 and advised by the investment manager LOANDLAND.

A joint venture between Schwäbische Wohnungs AG and Ruppmann Investment GmbH as well as the logistics specialist KELLERGROUP is developing a sortation centre with a gross floor area of around 60,000 m² on a 9.5 hectare site on the A27 motorway within the next two years. Even before the start of construction, a long-term lease agreement with a renowned tenant has been secured.

For the property, the developers rely on a comprehensive sustainability concept, including a photovoltaic system, energy-efficient automation technology, intelligent lighting technology with wi-fi and camera functions as well as insect-friendly green spaces with a landscaped pond to enhance employees’ and visitors’ quality of stay. Furthermore, the building will be constructed using a concrete sandwich construction method and seeks for a DGNB Platinum certification.

The sortation centre will be part of the established A27 business park. The site comprises around 70 hectares of commercial space. Due to the favourable location in terms of transport, there is excellent access to the highway network, the regional centre of Bremen and the northern German seaports.

The LOANLAND Real Estate Tactical Credit Fund I S.C.A. SICAV-RAIF will invest a three-digit million euro amount in existing properties and developments via whole loan and mezzanine financings on behalf of a German insurance company. The fund targets loans in the range of 10 to 35 million euros.