Funds managed by Lodge Quai Advisors LLP (LQ) have acquired a commercial property in Germany. This acquisition was made as part of a sale-and-leaseback transaction, with a volume of EUR 15 million. The transaction concerns a commercial property which boasts a total area of approximately 25,000 square metres of warehouse and logistics space. For the tenant, this property serves as its headquarters and a central distribution hub, underscoring its strategic importance.
The transaction structure stipulates that the tenant has concluded a 20-year triple-net lease agreement. This contract secures the tenant's continued use of the facility for a long-term period, thereby supporting its operational requirements. Lodge Quai Advisors is an independent company specialising in real estate investments and advisory services, with a focus on net lease and structured credit investments.
Advice by Gowling WLG
LQ's legal advice regarding the financial aspects of this acquisition was provided by Gowling WLG’s German banking and finance team. The Frankfurt-based team was led by partner Carolin Glaenzel and supported by associate Marie Thalheimer. Carolin Glaenzel stated that they were pleased to have assisted Lodge Quai with this transaction, highlighting that the transaction confirms continued interest in structured net lease investments in the German market.
Gowling WLG’s banking and finance team in Germany advises a wide range of market participants, including lenders, borrowers, investors, and sponsors, on various financing transactions. From its Frankfurt office, the team offers commercially-oriented advice on both national and cross-border matters. This includes acquisition finance, real estate finance, refinancing, and restructuring projects. The advisory work underscores the complexity and specialist depth required for such real estate transactions.
- —Transaction Volume: EUR 15 Million
- —Property Type: Commercial property with warehouse and logistics space
- —Area: Approximately 25,000 square metres
- —Lease Agreement: 20-year triple-net lease
