RLI buys logistics center between Leipzig and Halle
RLI Investors has acquired a recently completed logistics center as part of an off-market transaction. The property is located directly on the B6 Bundesstraße between Leipzig and Halle and encompasses 13,000 sqm. RLI has reported, without providing any further information, that the property has been fully let long-term to a user with a strong credit rating. RLI is placing the property in the open-ended real estate Spezial AIF “RLI Logistics Fund–Germany II” and was advised on the transaction in legal matters by Satell lawyers. The purchase is RLI’s first in the Halle-Leipzig region.
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