An investment vehicle managed by Beos has acquired the 11.5 ha Avon site in Neufahrn near Munich, Germany. The sale of the industrial premises by A&M Captiva (previously Captiva Capital Management) was initially announced in October, although the name of the purchaser was not disclosed. The premises includes four main buildings and one annexe with a total floor space of 48,500 m². The buildings provide office space, a production plant and a storehouse.
During the transaction, Captiva was advised by Cushman & Wakefield and Loschelder Solicitors. The current site occupier, the online retailer BestSecret, plans to relocate to the nearby town of Poing. According to the press release issued, Beos is therefore planning the long-term development of the premises in consultation with the local authorities.
Photograph by Cushman & Wakefield
For media a high resolution photograph is available on request