WW/WAREHOUSIN
Savills IM buys 97,600 sq m German logistics pair in off-market deal
Savills IM has bought two fully let Grade A warehouses totalling 97,600 sq m in Dettelbach from AEW, in one of Germany's largest logistics deals of 2026.
- By
- Amara Osei
- Filed
- Length
- 504 words
- Read
- 3 min

Key points03
- Savills IM acquired two Grade A logistics assets totalling c. 97,600 sq m (1.05 million sq ft) in Dettelbach, Germany, from AEW in an off-market deal at an undisclosed price.
- Both properties, completed in 2023 on a brownfield site with DGNB certifications, are fully let on long-term leases to a German fashion retailer and a global logistics service provider.
- The deal takes Savills IM's European Logistics portfolio to 21 assets in seven countries, with its German holdings rising to three after the earlier Verden acquisition.
Savills Investment Management has acquired two Grade A logistics assets totalling around 97,600 sq m — roughly 1.05 million sq ft — in Dettelbach, Germany, in an off-market transaction the manager ranks among the largest in the German logistics investment market in 2026.
The seller was AEW. Neither party disclosed the price. Both facilities are fully let on long-term leases, one to a German fashion retailer and the other to a global logistics service provider, giving the buyer immediate income stability from day one.
The site's location does much of the commercial work. Dettelbach sits near Würzburg in Lower Franconia, directly at the intersection of the A3 and A7 motorways — the junction where Germany's dominant east-west corridor meets its principal north-south axis. For occupiers, that means single-day road access to the Rhine-Main conurbation, Nuremberg and the northern ports. For an investor, it is the kind of infrastructure pin-up that supports long-term rental growth and low vacancy risk, which partly explains why the assets were fully committed before changing hands.
The buildings carry further credentials. Completed in 2023, both were developed on a brownfield site and hold DGNB sustainability certifications — increasingly a condition of tenancy for pan-European retailers and 3PLs with their own carbon reporting obligations.
The deal expands Savills IM's European Logistics strategy to 21 assets across seven countries. In Germany specifically, the portfolio now stands at three properties, following the earlier purchase of a logistics complex in Verden, Lower Saxony. The manager is clearly weighting Germany more heavily after a period in which the market — like most of European logistics real estate — was throttled by higher financing costs and diverging buyer-seller price expectations.
Tim Ulrich, head of transactions Germany, Austria & Switzerland at Savills IM, framed the purchase as evidence that the logjam is starting to clear. "This transaction ranks among the largest logistics transactions in Germany this year and demonstrates that attractive investment opportunities can still be realised in a persistently challenging market environment," he said. He added that Savills IM was seeing "initial signs that the transaction market is beginning to regain momentum".
For shippers and forwarders, the signal matters beyond property circles. Institutional capital returning to German logistics assets typically precedes renewed speculative development, and the Dettelbach junction sits squarely on the corridor used by freight moving between Benelux ports and Central and Eastern Europe. More institutional-grade, DGNB-certified capacity at that node broadens the options for occupiers seeking consolidation hubs with strong motorway access.
For landlords and competing investors, an off-market deal of this scale — struck without a formal marketing process — suggests prime, fully let German logistics stock is moving again, but selectively, between parties willing to agree terms privately rather than through auctions.
If Ulrich's read on momentum proves correct, expect further large-ticket German logistics trades in the second half of 2026 as pricing gaps narrow and prime, income-producing assets near major motorway junctions attract the first wave of returning capital.
Source: Logistics Manager
More from Amara Osei
Show full bio
Staff writer covering marketplaces and e-commerce at Waybill Wire.
139 articles
Related05
Berlin Moves to Block Cosco's Bid for Hamburg's Konrad Zippel
Captrain makes single wagonload pay: 4,500 wagons a year for BASF
Berlin Moves to Block COSCO's €75m Zippel Takeover on Security Grounds
Offen Group weighs first boxship newbuild order since 2008 crisis
Rhine Barge Rates Hit Five Times Summer Levels as Record Lows Bite