Realterm accelerates European growth with first German IOS acquisition

Realterm, an independent global investment manager focused on the transportation industry and industrial outdoor storage (IOS) sector, today announced the acquisition of Hermesstraße 1 in Friedewald, Germany, marking the firm's first IOS investment in the German logistics market. The high-quality cross-dock facility totals 244,771 square feet (22,740 square meters) on a 1,270,733-square-foot (118,055 square meters) site and is fully leased to Hermes, an international logistics operator and one of Europe's leading parcel delivery companies.

“With this landmark acquisition, Realterm continues its strategic expansion across Europe,” said Balazs Lados, Managing Director, European Fund Manager at Realterm. “Germany represents one of Europe's most mature and sophisticated logistics markets. This acquisition of a premier last-mile and IOS logistics facility marks the first of many planned investments in the country as we grow our footprint in critical transportation infrastructure markets across the continent.”

The Friedewald facility features 150 dock doors and operational infrastructure with sortation capacity of approximately 290,000 parcels per day, supported by more than 500 change-body parking positions. During peak periods, the hub has demonstrated the ability to process up to 400,000 parcels per day, underscoring its operational resilience and scalability. The location operates on an intensive 24/6 schedule, enabling continuous parcel intake, sorting and dispatch nationwide.

The property's strategic positioning in North Hesse places it in the geographic center of Germany, enabling Hermes to reach all of its parcel centers throughout the country within seven hours by truck. The facility benefits from direct access to the Autobahn A7 and A4/5, major highway intersections that provide seamless connectivity throughout Germany and broader Europe.

“This acquisition represents a unique opportunity to acquire a key asset in one of Europe's strongest transportation-oriented markets,” said Christian Siegmund, Senior Vice President at Realterm. “The property's central location and exceptional highway connectivity, combined with its long-term lease profile, make it an indispensable component of Germany's parcel distribution infrastructure.”

Eastdil Secured acted as advisers on the transaction. Simmons & Simmons served as legal advisor to Realterm.

Realterm's European presence has grown significantly since entering the market five years ago. In 2025, the firm closed its second pan-European logistics fund (RELF II) at €470 million. Specializing in transportation-advantaged industrial outdoor storage (IOS) and logistics real estate, Realterm now operates a €1 billion+ portfolio across key freight corridors throughout the continent.