Edmond de Rothschild REIM has acquired an industrial property in Burg as part of a sale-and-leaseback transaction for the Edmond de Rothschild Europa SCPI fund. The transaction was legally advised by a GÖRG team led by partner Dr. Dennis Hog. Edmond de Rothschild REIM is a regular client of the firm for transactions and asset management. Pro-beam GmbH, the previous owner of the property, will lease back the property for a period of 20 years following the sale, thereby securing its main production site.
Burg location with strategic importance
The industrial property covers a total area of approximately 9,800 square metres and is located in Burg, a town in the greater Magdeburg area. The location is strategically favourable due to its proximity to the A2 federal motorway, which provides good connections to key German economic metropolises such as Berlin, Leipzig/Halle and Hannover. Pro-beam, a global leader in electron beam technology, has been based on the site for over 22 years. Founded in 1974, the company supplies highly developed solutions to key industries. The Burg site serves as the main production facility and offers potential for future capacity expansions.
The sale-and-leaseback structure enables Pro-beam to retain its established production site while generating liquidity from the property. For Edmond de Rothschild REIM, the acquisition represents an investment in an established industrial property with a long-term lease agreement. The property is therefore a CORE investment for the specialised real estate fund Edmond de Rothschild Europa SCPI. Edmond de Rothschild REIM's Frankfurt team led the implementation of the acquisition.
The GÖRG partnership continuously advises Edmond de Rothschild REIM on the structuring and legal support of its real estate investments in Germany. The firm's expertise in real estate law and transaction consulting was crucial for the successful execution of this complex sale-and-leaseback transaction.
- —Property type: Industrial property
- —Total area: approx. 9,800 sqm
- —Location: Burg (greater Magdeburg area)
- —Lease term: 20 years
