BEOS acquires German business park for light industrial fund

BEOS, a subsidiary of Swiss Life Asset Managers, has acquired the Mountain Hub business park in Rosenheim, located south of Munich. 

Logistics

This acquisition marks the full investment of the BEOS Light Industrial Germany I (BLIGI) fund, which now encompasses 20 properties situated in Germany's leading economic regions.
The strategically located Mountain Hub offers approximately 15,900 m2 of leasable space spread across five buildings on a 34,500 m2 site. The usable area is primarily (85%) dedicated to warehouse and light industrial purposes, with the remaining 15% allocated to office space. The property is almost fully occupied and benefits from a diverse tenant mix.
Rosenheim provides an excellent logistical and light industrial hub. The recently completed western bypass (B15a) ensures direct and easy access to the A8 motorway. Additionally, one building is already connected to the district heating network, with plans to connect the remaining buildings, signifying a move towards sustainable energy. The seller in this transaction was Rudolf Deutschmann.
Michael Kapler, head of Portfolio Management at Swiss Life Asset Managers in Germany and BEOS board member, commented: “The property impresses with its excellent location and the strong demand for light industrial space in the region. Its multi-tenant structure also ensures a stable cash flow. With this acquisition, we are complementing the BLIG I portfolio and strengthening the fund's regional diversification. With the full investment of the BLIGI fund, we have reached a crucial milestone.” 
The BEOS Light Industrial Germany I fund was specifically created for institutional clients of Deka Immobilien Investment, providing them with their first dedicated access to the commercial real estate market. Swiss Life Kapitalverwaltungsgesellschaft (SL KVG) will serve as the regulated Alternative Investment Fund Manager (AIFM) overseeing the fund, while BEOS will leverage its extensive experience as an active asset manager to contribute its expertise.