Periskop acquires 49,000 sqm logistics property near Wolfsburg, Germany
2026-06-23 15:37
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en.Wedoany.com Reported - Schnellecke Real Estate GmbH has sold a logistics and production property located in Sassenburg near Wolfsburg, Lower Saxony, to the Periskop logistics fund. The property, located at Rohwiesen 2, has a leasable area of approximately 49,000 square meters and was developed by Schnellecke Real Estate over the past two years on a plot of approximately 93,000 square meters. Periskop announced the completion of the acquisition on June 19. The property has received a Gold sustainability certification from the German Sustainable Building Council (DGNB).

Schnellecke Real Estate sells a logistics property used by an automotive manufacturer in Sassenburg (Lower Saxony) to Periskop. Shown is a visualization.

The property's long-term user is an automotive manufacturer, which operates an assembly and logistics center there. JLL acted as the exclusive advisor to the seller, Schnellecke Real Estate, in this transaction.

Dr. Kilian Mahler, Managing Partner of Periskop Logistics, stated that acquiring the modern logistics property near Wolfsburg will diversify and strategically strengthen the Periskop logistics fund's portfolio. The property is convincing due to its consistent focus on ESG standards, security requirements, and functionality, meeting the quality requirements of the investment strategy.

Ludwig Büttenbender, Managing Director of Schnellecke Real Estate GmbH, noted that through this successful sale, the company has solidified its strength as a developer of future-oriented logistics sites, as well as its ability to implement complex projects and create attractive positioning for institutional investors.

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