A fund managed by J.P. Morgan Asset Management has acquired a stake in the Fressnapf logistics centre in Nörvenich (Düren district). As part of the transaction, the fund is entering into a partnership with the project developer COMPLEMUS Real Estate and the Indigo Invest Group, which had previously supported the project as investors.
The European market leader in pet supplies has signed a long-term lease at its new site in the Rhineland region and has been using the logistics centre in Nörvenich as a central dispatch hub for its European e-commerce business since mid-2025. COMPLEMUS developed the 72,000 m² logistics centre, including an office building, for the Fressnapf Group.
Hengeler Mueller advised J.P. Morgan Asset Management comprehensively on the acquisition of stake, the joint venture with the remaining sellers and the financing.
Hengeler Mueller team for J.P. Morgan Asset Management
Corporate/M&A/Joint Venture: Daniel Kress (partner, lead), Hermann Dahlitz (senior associate, both Berlin),
Real Estate: Caspar Conzen (senior associate, Frankfurt), Marc-Gordon Wild (associate, Berlin),
Tax: Gunther Wagner (partner, Munich),
Financing: Robert Süß (senior associate, Berlin).