In Hamm, Germany, Nuveen Real Estate acquires a new pharmaceutical distribution center.

For its European logistics network, Nuveen Real Estate has acquired a new distribution center in Hamm. The cross-dock distribution center, which opened in 2020, is leased to a leading pharmaceutical logistics company and offers leasing space of about 9,000 square meters (97,000 square feet).  عقارات للبيع


It can store and ship special items, such as medications, since it has two temperature-controlled areas. As a result, the tenant uses the asset to primarily serve consumers in the pharmaceutical products market, with the aim of supplying more than 15,000 pharmacies in the coming years.




“Against the backdrop of the current pandemic, the need for storage and distribution of medicines and vaccines has led to increased demand for high-quality logistics properties,” says Christian Sliwa, Investment Manager at Nuveen Real Estate. As a result, the distribution center in Hamm is an important strategic addition to our portfolio, allowing us to assist our clients in taking advantage of these structural tailwinds. The property's unique equipment and prime location highlight its long-term potential. In addition, we have a long-term lease with a market leader, which we believe will help ensure good future returns for our investors."




The Eastern Ruhr region is one of Germany's most significant logistics hubs. It provides good conditions for logistics hubs due to its links to highways as well as the European rail network for combined freight transport. Due to its geographically advantageous position, retailers and wholesalers in particular use the area for their central and regional distribution centers.




In Germany, Nuveen's logistics AUM has surpassed EUR1 billion.




Linklaters (legal), EY (tax), Orange Recon (technical), Nova-Ambiente, and TheGreenBlue advised Nuveen (environmental). DSH GmbH acted as a middleman.

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