Siemens in leaseback deal with Beos for warehouse near Nuremberg

01/03/2019

Siemens has sold two commercial properties in the Nuremberg metropolitan region to the Beos Corporate Real Estate Fund Germany III (CREFG III) in a sale-and-leaseback deal. The rental properties consist of just under 29,000 sqm of warehouse and logistics space, 4,100 sqm of office space and 1,400 sqm for other use. It also has 388 parking spaces. One property involves around 22,600 sqm of lettable space in the Katzwanger Straße commercial area in Nuremberg, while the other is a corporate property in the city of Amberg, located in the “Gewerbegebiet West” commercial area with a total of around 11,900 sqm of lettable space. Knight Frank brokered the transaction. CREFG III is an open-ended Spezial-AIF managed by the capital investment company Intreal.


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