• Stephan Riechers, Investment Management Logistics

    Our acquisition profile covers three areas: distribution warehouses, last mile delivery and light industrial units.

Focusing on German and European locations

Logistics properties play a crucial role in the efficient movement of goods. Union Investment is able to accurately assess the quality of a logistics centre when considering it for acquisition, and applies clear criteria when making the purchase decision. We keep a close eye on new developments and market trends at top logistics locations across Europe to ensure that our knowledge stays updated.

Forward-looking investment in logistics properties

Union Investment is always on the look-out for modern logistics properties that have been built to high construction standards and are suitable for alternative uses. We have forged a network of leading developers and major logistics property holders to help us in our search.

One of the key factors is a first-class location, preferably with a multimodal link to strong infrastructure such as a motorway, cargo port, airport or rail network. We also attach great importance to long-term leases. Leveraging favourable market phases for strategic disposals allows us to create value for our investors or reduce the age of our portfolio. We have defined the following criteria for acquisitions:

Investment criteria for logistics

  • Multifunctional warehouse space
  • No specialist properties (e.g. high bay facility or hazardous goods warehouse)
  • Close proximity to major transport routes
  • Constructed in 2000 or later
  • Property value EUR 10 million or above
  • Only properties suitable for third-party use

Insight into our acquisition profile for logistics properties

Our portfolio and latest transactions

Union Investment’s funds selectively include logistics properties in their diversified portfolios. These properties range from medium-sized logistics centres at cargo airports to large-scale warehouses for online retailers.


Mega Center, Dieburg

The logistics centre in the Rhine-Main region extends over 100,000 sq m of renting space and is on a long-term lease to logistics provider Fiege.
Fund: UniImmo: Deutschland


Multicube, Heddesheim

Multicube logistics centre covers 123,000 sq m of space in Heddesheim, about 12 miles east of Mannheim, just off the A5 Autobahn.
Fund: UniImmo: Europa


Delticom, Sehnde

The logistics centre is on lease to online tyre retailer Delticom and is situated in Sehnde industrial park off the A7 Autobahn in the east of Hanover.
Fund: UniInstitutional European Real Estate


Amazon, Bad Hersfeld

The logistics centre at Amazonstrasse 1 is located in an industrial park in the south of Bad Hersfeld close to the local airport and visible from the A4 Autobahn. Fund: UniInstitutional European Real Estate

Get in touch with our Investment Management team

Stephan Riechers

Stephan Riechers
Functional Head of Logistics Investment

+ 49 40 34919 4268