Our client P3 Logistics Parks closed investments in three state-of-the-art logistics properties in Magdeburg, Leipzig, and Hanover. These properties are built to the highest sustainability standards and will play a crucial role in meeting the growing demand for modern logistics space. Our Environmental Transactions Services team provided Environmental Due Diligence support to P3 Logistics Parks facilitating the deal.
Contract Challenges
With a gross leasable area of approximately 201,000 square meters, the 3 locations offer a wide range of possibilities for a variety of logistics activities.
Due to the scale and demographics of the assets, the contract presented challenging timescales for the completion of the work.
Our Solution
Working closely with our Inogen Alliance associates, our team was able to successfully deliver Environmental Due Diligence support to all 3 assets in Germany in a timely manner, ensuring potential time delays were negated.
P3 Logistics Parks is a highly acquisitive client. Having closed several acquisitions in the past couple of years across EMEA, the newly acquired assets in Germany are set to support our client in further strengthening their position as one of the leading owner-developers of logistics properties in Europe.
