2025-04-16 7:47 CET, Europe, Germany | Investment Management | Press release
Catella Investment Management (CIM) and its AIFM platform Catella Real Estate AG have let a logistics and production property in Redwitz an der Rodach, Bavaria, to the Munich-based company easy2cool. The property is located on a plot of around 36,000 square metres in the Redwitz-Ost industrial park at Dr.-Ludwig-Straße 7 and comprises a total rental area of approx. 17,400 square metres, including approx. 13,700 square metres of logistics space, approx. 2,900 square metres of mezzanine space, and approx. 700 square metres of office, social and technical space. The lease runs for more than ten years. The property was acquired in 2021 for the open-ended special property fund CLD+, which fulfils the criteria of Article 8 of the EU Disclosure Regulation.
Michael Keune, Managing Director of Catella Investment Management, said: "The fund CLD+ currently invests in warehouse and logistics properties in Germany and neighbouring countries. We acquired the existing asset in Redwitz an der Rodach in 2021 due to e its very good accessibility, a high potential for ESG measures and is structurally highly variable. The property has an above-average number of doors, which are grouped around the body of the hall, and a ceiling height of up to 15 metres to the lower edge of the trusses. This makes it very suitable for alternative uses."
The new tenant easy2cool specialises in individual, passive cooling solutions and offers holistic cooling concepts for the protection of temperature-sensitive goods. As part of the lease, the company is relocating its production site from Lichtenfels to Redwitz an der Rodach and will occupy the entire property as a single tenant. Around half of the space will be used for the production of ecological cool boxes, cool packs and paper-based insulation as well as dry ice pallets from organic sources. The remaining 50 per cent of the space is used for warehousing and logistics for the e-commerce fulfilment solutions that easy2cool offers for goods requiring refrigeration. Around 250 employees are expected to work at the site.
Sebastian Leicht, Managing Director of easy2cool, said: "With its ideal mix of modern and energy-efficient production, warehouse and office space, as well as good accessibility, our new production site offers us the ideal conditions for the production of our insulation products and cooling solutions, as well as for our fulfilment services. The future emission-free heating and high energy standard also help us with our sustainable production methods."
The property was built in two phases in 1994 and 1997 and will be converted as part of the new letting and extensively and sustainably renovated on the basis of the CLD+ decarbonisation strategy. Further measures include converting the lighting to LED, refurbishing the office and social areas as well as the floor and roof, retrofitting a photovoltaic system and replacing the existing oil heating with a CO2-neutral heating system that utilises energy from waste heat. Furthermore, the availability of electricity at the site will be increased from 570 kilowatts to 2.5 megawatts in two stages.
Wolfgang Oelke, Business Unit Manager Commercial at CIM, said: "For us, the extensive remodelling work on the property in Redwitz an der Rodach is a prime example of our Manage-to-Green strategy. In addition to the technical and structural measures, we were able to conclude a green lease with easy2cool and the company also produces its cooling solutions sustainably. This makes the property a reference for us for future Manage-to-Green projects. The realisation would not have been possible in such a short time without the great support of Mayor Jürgen Gäbelein, District Administrator Christian Meissner, Head of the Building Authority Harald Hucke, the two fire protection experts Michael Weidinger and Dr André Spindler and architect Johannes Morhard."
The municipality of Redwitz an der Rodach is located between Bayreuth, Bamberg and Coburg and is very well connected to the A73 and A9 motorways via the B173 and B289 trunk roads. In addition, the Nuremberg-Erfurt line is an efficient and fast railway connection that is also of great importance for freight transport. The Bamberg harbour also provides access to the River Main and thus a connection to the inland waterways in Germany.
Catella was legally advised by Norton Rose Fulbright. Logivest acted as a logistics property consultant.
About the fund "Catella Logistik Deutschland Plus"
“Catella Logistik Deutschland Plus" has a target volume of around EUR 500 million and invests in warehouse and logistics properties in Germany and European countries. The investment focus is on properties in good to very good locations in established logistics regions with proximity to transport hubs and metropolitan areas as well as production centers. The investment strategy focuses on existing properties as well as new-build properties and special logistics halls (e.g. parcel distribution centers, delivery bases, fulfillment centers, cross docks, light industrial and industrial properties, refrigerated logistics, etc.).
About Catella Investment Management GmbH (CIM)
Catella Investment Management GmbH (CIM) is an independent and entrepreneurial real estate investment advisor for funds and mandates with assets under management of approximately EUR 10 billion. As a subsidiary of the Stockholm-based Catella AB, CIM advises more than 25 mutual real estate funds and special real estate funds as well as several mandates across 15 European countries, with a focus on residential, mixed-use, parking, and logistics properties. CIM provides (advisory) services in research, portfolio management, acquisitions, disposals, and asset management. The company operates offices in Berlin, Munich, and Vienna.
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For further information: Catella Investment Management GmbH Stine Zöchling Head of Marketing and PR Office: +49 (0)30 887 285 29 76 Mobile: +49 (0)151 544 51 005
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Further information can also be found on the website at www.catella.com/immobilienfonds
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