LIP Invest Begins Investment Phase for Fifth Logistics Real Estate Fund

LIP Invest has launched the investment phase of its latest vehicle, the “LIP Real Estate Investment Fund – Logistics Germany V,” with initial purchases already completed. The fund has invested €70 million in new logistics properties, and the first capital calls are expected soon. Several institutional investors have committed, while others are in the final review stage.

The fund, managed by IntReal Kapitalverwaltungsgesellschaft, follows a core strategy targeting newly built, third-party-usable logistics assets in established locations. The investment plan includes acquiring 10 to 15 properties with a total volume of at least €350 million. The first assets purchased have already received sustainability certification.

According to Managing Director David Zimmermann, the first closing demonstrates ongoing investor demand for specialized logistics funds. “With further commitments expected shortly, we anticipate reaching the planned volume quickly,” he said, noting that the fund remains open to additional institutional participants.

Germany’s logistics sector continues to be the focus. Sebastian Betz, Managing Partner at LIP Invest, emphasized the country’s position as Europe’s largest logistics market, valued at around €330 billion, supported by its infrastructure, central location, and industrial diversity.

The company points to long-term drivers of demand, including increased spare parts storage, online retail expansion, food delivery services, and structural changes in supply chains. These trends are expected to create steady requirements for modern logistics facilities, such as cold storage and distribution centers, aligning with the fund’s investment strategy.

LIP Invest’s team of over 20 professionals remains largely unchanged in key positions since previous fund cycles. To support further growth, the firm has strengthened its acquisition and finance functions. Maximilian Leeb has been appointed Head of Real Estate Acquisition, while Anna Niggl has been promoted to Head of Fund Finance, becoming the main contact for financing banks.

The new fund builds on LIP’s earlier logistics real estate vehicles, which have already established a track record in the German market.