Press Release • August 2025

• The asset is fully let to a leading global logistics company, being close to the airport and city centre

• Last-mile specialist has acquired a 13,900 sqm facility in a prime Düsseldorf logistics location

• Crossbay currently manages over 180,000 sqm of space in Germany, across major metropolitan areas including Munich, Frankfurt, Düsseldorf  

Crossbay, the urban logistics strategy of pan-European real estate investment manager MARK Capital Management, has acquired a 13,887 sqm fully let urban logistics facility in Kaarst in the Düsseldorf metropolitan region. The asset was purchased from a Deka Immobilien Investment GmbH special fund.  

The facility, comprising approximately 11,927 sqm of warehouse space and 1,960 sqm of recently renovated office space, is leased to a leading global logistics company.

Strategically located just 20 km from Düsseldorf Airport and 15 km from the city centre, the property offers excellent access to the A57 and A52 motorways, as well as the Rhine-Ruhr metropolitan area and the Netherlands. The asset’s highly attractive catchment area provides access to 15.57 million residents within 2 hours’ drive, in a region where purchasing power is above the German average.

Built in 2002 and certified BREEAM “Good,” the facility features a clear hall height of 8.8 metres, 10 loading docks, and a floor load capacity of 50 kN/m². Crossbay will now look to initiate further sustainability-related upgrades to the asset.  

The acquisition aligns with Crossbay II’s strategy of aggregating well-located, single-user logistics assets across Europe with potential for sustainability-related upgrades and value-add initiatives.

Crossbay has been investing in Germany since 2021 and currently manages over 180,000 sqm of space in cities including Munich, Frankfurt, Hamburg, Düsseldorf and Berlin. Last month, Crossbay completed the largest letting event of the year for South Berlin’s logistics market, leasing 14,000 sqm of space to e-commerce firm, Sportstech.  

In Q4 2024, Crossbay achieved a final close for its second pan-European value-add fund, securing €660 million in equity commitments, representing approximately €1.5 billion in investment capacity including leverage.

Trung Nguyen, Vice President, Crossbay, said:

“The Düsseldorf metropolitan area is one of Europe’s strongest and most diverse economic regions, with strong occupier demand for well-connected logistics space. This acquisition offers secure income from a global blue-chip tenant, alongside medium-term opportunities to unlock further value through strong asset management initiatives, including sustainability-related upgrades.”