BEOS AG has acquired two commercial properties in Nuremberg and Dachau, expanding the portfolio of its ‘BEOS Light Industrial Germany I’ fund. The total acquisition adds more than 27,000 square metres of warehouse, production, and office space. Both properties were sold by project companies managed by BEOS AG. The larger of the two properties is located in a business park in Nuremberg. The site includes new buildings completed in 2022 and an existing structure dating back to 1997. The property offers approximately 18,700 square metres of space, including warehouse, production, and office areas. It is a multi-tenant facility, currently leased to four tenants, and is largely occupied. The property in Dachau, built in 2001 and renovated between 2022 and 2023, is fully occupied by a federal agency. It is situated in an established commercial area with direct access to major roadways including the B471 and A92. Legal and transaction advice for the acquisition was provided by Mayer Brown (legal), Baker Tilly (tax), and CBRE (technical). The acquisitions are part of the ongoing strategy of the ‘BEOS Light Industrial Germany I’ fund, which was launched exclusively for institutional clients of Deka Immobilien Investment GmbH. Under the arrangement, BEOS AG manages the assets and implements the investment strategy, while Deka Immobilien handles distribution and coordination. The fund targets mixed-use commercial properties in economically strong regions, with uses including office, production, services, storage, distribution, and laboratories. Properties must demonstrate a high level of third-party usability. Photos: © Swiss Life Asset Managers