Verdion grows German pipeline with Munich urban logistics buy

Verdion has further expanded its German pipeline with the acquisition of an urban logistics development site on Munich’s ring road for its second European Logistics Fund (VELF 2).

The investor, developer and asset manager has acquired the 48,151 sq m prime brownfield site from one of Germany’s largest food discount retailers. It will now begin the speculative development of a €96 million LiteHub, creating 12 new units from 2,000 sq m – 3,500 sq m, meeting the EG40 standard and providing flexible space for local businesses and national organisations seeking new local hubs.

In total, 27,649 sq m of new urban logistics space will be provided, including 2,514 sqm of office and mezzanine in addition to warehousing. The new asset will be fully powered by renewable energy and target the DGNB Gold certification, with a strong emphasis on ESG. Construction will start early next year following permitting, with completion planned for early 2028.

The site is located in the town of Poing, 20 km east of Munich city centre close to the A99 Munich ring road and A94 motorway. Poing station, on the city’s S-Bahn network, is 1km away.

Moritz Heißenberg, Executive Director – Head of Germany, Verdion, said: “This acquisition further extends our pipeline across Germany’s core markets and underlines Verdion’s commitment to securing new urban sites serving major cities. We remain focused on meeting occupier requirements for modern, flexible, efficient and ESG-compliant space, transforming brownfield sites and drawing on the skills of our in-house technical team to make the most of each new opportunity.”

Oliver Kemper, Investment Director, Verdion, added: “Verdion’s acquisition strategy in Germany continues to focus on value-add opportunities in undersupplied markets. Munich remains one of the most dynamic yet supply-constrained logistics markets in Europe, and by the time this scheme completes in early 2028 we expect availability of modern logistics space to have declined further while occupier demand remains robust. It is an excellent opportunity and a high-quality addition to our portfolio as capital deployment continues.”

Thomas Stark, Mayor of Poing, said: “I am pleased that this vacant property will now be put to productive use and developed into an attractive, sustainable business location. In putting forward these new plans, Verdion best understood what the municipality needed from the future of the site and how to deliver it effectively – and I am very much looking forward to continuing our collaboration. This scheme will create opportunities for new businesses to settle in the area and for new jobs to be created, something that is particularly encouraging in the current climate.”

Verdion European Logistics Fund 2 (VELF 2) leverages Verdion’s vertically-integrated team and technical expertise to undertake refurbishment and development in key markets including Germany, the Netherlands, Denmark and Sweden.

This is Verdion’s third acquisition for the fund in Germany in the last 12 months. In February, Verdion secured a former production site in northern Cologne to create a €95 million urban logistics hub and in June 2025 it purchased a 32,000 sqm brownfield site in Rastatt on the German-French border, which will shortly begin construction and includes provision for automotive occupiers within its flexible building design.

Industrial Real Estate Partners advised Verdion on the Poing acquisition. GSK Stockmann provided legal counsel, while Mull und Partner advised on technical and environmental matters.