Immofinanz to rebrand warehouse portfolio to LOG.IQ

The properties include the portfolio of wholly owned subsidiary Deutsche Lagerhaus (DLG) as well as facilities in Eastern Europe that have operated to date under the LOG Center brand. “With the bundling of these properties under a single brand, we will be able to position LOQ.IQ as a group-wide logistics competence centre and accompany the flow of our clients’ goods with a total capacity of over 1.1 mln sqm of leasable logistics space. In addition, our portfolio is currently under expansion with projects in Gelsenkirchen, Hamburg, Gross-Gerau and Poing (Germany) and also in Bucharest,” explained Dietmar Reindl, the COO of Immofinanz Group. Immofinanz Group has been active in the logistics sector since 1991 and by the end of last year had built up a total of 59 standing investments, which had a combined value of EUR 572.6 mln. Germany remains the most important logistics market with over 70 pct of the leasable space, followed by Hungary and Romania. Immofinanz Group’s Polish portfolio includes Silesia Logistic Park in Kamienica Polska and Łopuszańska Business Park.