KROHA GMBH finds buyer for company building in east-central Germany

FRANKFURT AM MAIN, HESSE, GERMANY (30 June 2019) – Kroha GmbH has now found a buyer for its company building in the town of Barleben, located in the German state of Saxony-Anhalt. As part of the sale-and-leaseback transaction, Kroha GmbH has leased back the building with a triple net contract and a ten-year term. The state-of-the-art production and warehouse building, located in an industrial estate just off the A2 Autobahn, covers a rented floor space of 10,400 m².

FalkenSteg Real Estate was responsible for supporting the M&A process for the property.

The buyer is Deutsche Industrie Reit AG, which sustainably invests in light-industrial properties in Germany. The light-industrial asset class includes properties used for storing, distributing, managing and manufacturing commercial goods, and mainly consists of medium- to large-scale industrial estates. The facilities usually feature more complex equipment than properties purely used for logistics purposes and are of great significance to local communities.

Property M&A consultants
FalkenSteg Real Estate
Christian Alpers (Partner)
Robert Klaas (Associate)

About Kroha GmbH
Kroha GmbH has been making folding boxes and leaflets for nearly fifty years. Its packaging systems are primarily used in the cosmetics, pharmaceutical and food industries.