KKR and Mirastar have acquired a 'high-quality' logistics property in Hannover, Lower Saxony, marking their first acquisition in the industrial and logistics sector in Germany.

The property, built in 2017, spans around 49,000 m² and boasts strong ESG credentials, with DGNB Platinum certification.

It is leased to Fiege and Rossmann and is strategically located with easy access to the main A7 and A2 freeways.

KKR and Mirastar are planning further improvements, including the installation of solar panels on the roof to enhance its sustainability profile.

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