Frankfurt am Main, Germany, 4th May 2026 – P3, a leading developer and long-term owner of logistics properties in Europe, has acquired two fully let logistics assets in the strategically important Rhein-Ruhr and Rhein-Main regions. The properties, comprising a total lettable area of approximately 43,730 sqm, are located in Essen and Wörrstadt.
Both assets were completed in 2021 and stand out for their prime locations with excellent transport connectivity as well as their high sustainability standards. The properties are DGNB Gold certified and equipped with modern features such as building management systems, efficient HVAC systems and LED lighting. Additionally, photovoltaic systems are currently being installed at both locations.
Essen – Rhein-Ruhr Region
The property in Essen is located in the heart of the Rhein-Ruhr region within an established logistics hub. With a lettable area of 23,120 sqm, the asset benefits from close proximity to key infrastructure links as well as to Essen city centre. Dual access to the site provides additional operational advantages. The property offers a clear height of 10.0 metres and a floor load capacity of 5.0 kN/sqm. The tenant is Euziel.
Wörrstadt – Rhein-Main Region
The logistics property in Wörrstadt is located directly on the A63 motorway, just 8 kilometres from the A63/A61 interchange and 15 kilometres from Mainz. Situated west of Frankfurt/Rhein-Main, the location is one of the most sought-after submarkets in one of Germany’s strongest logistics regions. Excellent accessibility is ensured by a direct motorway exit as well as a large service area nearby. The asset comprises 20,610 sqm of lettable area, with a clear height of 10.0 metres and a floor load capacity of 5.0 kN/sqm. The tenant is Hellmann Worldwide Logistics.
Sönke Kewitz, Managing Director P3 Germany, comments:
“With these two acquisitions, we are strengthening our presence in two of Germany’s most important logistics markets. Both locations stand out for their excellent infrastructure connectivity and proximity to major economic centres. The modern, sustainably certified properties fully align with our strategy of investing long-term in high-quality assets in prime markets.”
Sebastian Kokich, Investment Manager at P3 Germany, adds:
“We are acquiring two assets with modern ESG standards, high-quality tenants and medium- to long-term lease agreements in markets characterised by structurally strong demand. This acquisition fits perfectly with our investment strategy and also represents an excellent addition to our existing portfolio.”
CBRE advised on the transaction as marketing agent. P3 was legally advised by White & Case, while TA Europe and TRC supported the technical due diligence.