Catella Real Estate acquires state-of-the-art logistics property development in Belgium for the special fund "Catella Logistik Deutschland Plus"

Munich, 05.02.2024: Catella Real Estate AG (CREAG), in cooperation with Catella Investment Management Benelux (CIMB), is acquiring a sustainable logistics project development in Maasmechelen, Belgium, for the special AIF "Catella Logistik Deutschland Plus" (CLD+). The construction project, which is scheduled for completion in July 2024, has already been fully let to the Dutch logistics service provider De Klok Logistics BV prior to completion and marks the fund's first Belgian investment. The seller is the project developer DC Oude Bunders BV (Vestum BV).

"Slakweidestraat 45" property in Maasmechelen, source: mars3d.nl

The new development of the logistics property with a lettable area of around 26,600 m² is characterised by a high sustainability standard and is to receive BREEAM certification with a "very good" rating. The long-term tenant of the logistics and office space is the Dutch 3PL service provider De Klok Logistics BV. With a workforce of over 250 employees and two locations in the Netherlands, De Klok Logistics is an established logistics service provider in the Benelux region.

The Maasmechelen site in the Belgian province of Limburg benefits from its proximity to the German and Dutch borders and its direct connection to the Rhine-Main-Danube river system via the River Maas, making it an attractive location for logistics and retail companies. The property is located in the established Oude Bunders industrial estate with excellent transport links via the N78 regional road and the E314/A2 motorway (Aachen - Antwerp / Brussels).

Catella received legal advice on the purchase from Osborne Clarke and REIUS, tax advice from Deloitte and technical advice from PVM.

"With the acquisition of the property in Maasmechelen, we are taking an important step towards the geographical diversification of the portfolio of the 'Catella Logistik Deutschland Plus' fund," comments Marten Helms, Senior Portfolio Manager Europe at CREAG. "This acquisition in Belgium not only expands our portfolio geographically, but also optimally complements it in terms of ESG criteria."

Jaime Sarrà, Senior Investment Manager at Catella Real Estate AG: "The forward funding transaction in Maasmechelen marks CREAG's 31st investment in the Benelux and underlines our commitment to the region and our strong conviction in the Belgian logistics market. This state-of-the-art logistics centre, which meets the highest quality standards, is a great addition to our logistics portfolio. In addition, Catella Real Estate AG is launching its second logistics fund for professional and semi-professional investors with the authorised special fund "Catella European Logistics Fund Plus (CELF+)". With its pan-European focus, Catella is continuing its growth course in the logistics sector."

About Catella Real Estate AG (CREAG)

Catella Real Estate AG (CREAG), founded in January 2007 and headquartered in Munich, is engaged in the management of special property funds and the provision of advice on investing in real estate.
CREAG is a licensed capital management company (KVG) under German investment law (KAGB). The purpose of the company is the conceptualisation, development and management of open-ended real estate special funds that are aligned with the expertise and outstanding market position of the Catella Group. CREAG currently manages assets of €7.5 billion in 20 real estate funds (as at 30 September 2023).

About the "Catella Logistik Deutschland Plus" fund

The "Catella Logistik Deutschland Plus" fund has a target volume of at least EUR 350 million and invests in sustainable warehouse and logistics properties in Germany and neighbouring countries. The investment focus is on properties in good to very good locations in established logistics regions close to transport hubs and conurbations as well as production centres. The investment strategy focuses on existing properties as well as new-build properties and special logistics halls (e.g. parcel distribution centres, delivery bases, fulfilment centres, cross docks, light industrial and industrial properties, refrigerated logistics, etc.).

Notes:
The "Catella Logistik Deutschland Plus" investment offer presented here is aimed exclusively at semi-professional and professional investors within the meaning of the German Investment Code (KAGB). It is an entrepreneurial investment with a long-term commitment that is associated with risks. Investors provide the investment company with equity, which can be eroded by losses. The investment can only be traded to a limited extent. There is a risk that it cannot be sold. Future performance is subject to taxation, which depends on the personal situation of the respective investor and may change in the future. There are further risks, which are explained in the information for semi-professional and professional investors in accordance with Section 307 (1) and (2) KAGB; these are available from Catella Real Estate AG, Alter Hof 5, 80331 Munich. Before a semi-professional investor subscribes, Catella Real Estate AG or the authorised distributor will satisfy itself in accordance with the statutory provisions that the investor is in a position to understand the risks associated with this investment.

For further information please contact:

Catella Real Estate AG
Julia Stübler
Marketing & PR Manager
T: (0)89 189 16 65 0
F: (0)89 189 16 65 466
M: +49 (0)152 389 228 65
E: julia.stuebler@catella-investment.com

Further information can also be found on the website at www.catella.com/immobilienfonds