Solothurn: Stoneweg invests in logistics property
Real estate investment manager Stoneweg has acquired a 48,000 sqm logistics property in the canton of Solothurn from Meier Tobler Group via a sale-and-leaseback transaction.
The three-story logistics center was formerly the main distribution center for Swiss Post. Meier Tobler has fully leased the site until December 2023, according to Stoneweg, after which the new owner plans to renovate the property and lease it to a new single tenant or multiple tenants. This is intended to maximize the income potential of the property, Stoneweg says.
The property is located in a prime logistics location in the triangle between Bern, Zurich and Basel, just 15 minutes from the A1 and A2 freeway interchanges and close to the borders with France and Germany.
Stoneweg purchased the property for Varia Swiss Realtech Properties AG (VSRP), which was founded in 2017 by Stoneweg and Decalia Asset Management and invests exclusively in Swiss commercial real estate and projects in the realtech sector, including logistics and industry, healthcare, education and entertainment, sports and wellness. The vehicle currently manages seven assets across Switzerland and has a total portfolio value of CHF 236.5 million, according to Stoneweg. (ah)
