Feldberg Capital and Teacher Retirement System of Texas form joint venture to acquire and develop logistics asset in Hamburg, Germany

Type: Partnership · Technology: Transport · Country: Germany · Value: $233M · Announced: 2026-05-27

Feldberg Capital advised a joint venture between itself and the Teacher Retirement System of Texas on the acquisition of a 55,000 square meter site at Industriestrasse 60 in Wedel, west of Hamburg, Germany. The site will be developed into a logistics asset with 35,000 square meters of lettable area across six units, targeting completion by mid-2027. The development includes eight electric vehicle (EV) charging points and a 2,300 kilowatt peak photovoltaic (PV) system, supported by a 3,200 kilovolt-ampere grid connection capacity for e-mobility demand. The joint venture plans to invest €200 million ($233 million) in logistics development projects across Germany's metropolitan regions.

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