Noerr advises DEMIRE on sale of LogPark Leipzig to HIH Invest Real Estate

A Noerr team led by Tim Behrens and Christoph Brenzinger has advised DEMIRE Deutsche Mittelstand Real Estate AG on the sale of the LogPark logistics property in Leipzig to the Hamburg-based HIH Invest Real Estate. The parties have agreed not to disclose the purchase price.

DEMIRE AG has developed the LogPark, which it acquired in 2015, into a highly diversified logistics centre over the past few years. The former Quelle mail-order centre has a rental area of around 160,000m². The main tenants are Amazon, Momox and the international event organiser Neumann & Müller.

Noerr already advised DEMIRE AG on several previous occasions. The company, based in Langen in the federal state of Hesse, acquires and holds commercial properties in medium-sized cities and up-and-coming peripheral locations in metropolitan areas throughout Germany. It currently has a portfolio of around 60 properties with leasable space of approximately 860,000m².

Advisors to DEMIRE AG: Noerr Partnerschaftsgesellschaft mbB

Team lead

Tim Behrens (partner, REIG, Frankfurt am Main), Christoph Brenzinger (partner, REIG, Dusseldorf)

Real Estate Investment Group (REIG)

Henrik Dornscheidt (associated partner, Dusseldorf), Raphael Hebecker (senior associate, London), Fabienne Wendik (associate, Dusseldorf)

Employment & Pensions:

Johannes Allmendinger (associated partner, Frankfurt am Main)

Tax & Private Clients

Andre Happel (partner), Thomas Renner (associate, both Frankfurt am Main)