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Joint Venture between HIH and Urban Partners leases 19,000 square metres of logistics space in Herten, Germany

HIH Invest and Urban Partners have leased 19,000 square metres of logistics and office space in Herten, Germany to Goodcang Logistics GmbH on a long-term basis. The company is part of the CIRRO Group and provides global fulfilment and logistics solutions. In May 2025, HIH Invest, in a joint venture with Logicenters, the modern logistics specialist owned by Urban Partners, acquired the logistics development project at Emscherbruch 16 in Herten from the E-Gruppe, which also acted as project developer. Herten was the joint venture’s first acquisition and forms part of its current portfolio of six acquisitions. Completed in July 2026, the property comprises a total lettable area of 36,912 square metres and is now fully let

Source: press release sent 15th of October