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Burges Salmon acts for Invesco on €67 million Loan Financing for major German logistics projects

Picture of Rohan Campbell
By Rohan Campbell Christopher Herford
14 Nov 2025 1 min read

We have advised the joint venture between leading independent investment firm Invesco and Propel Industrial (Propel), on a €67 million loan from Redevco, one of Europe’s largest privately owned real estate managers. The financing will support the acquisition and development of two Class A Mid-Box Logistics projects in Germany, totalling 63,000 square metres.

Propel’s projects, based in Frankfurt and Karlsruhe, are strategically located in the Rhine-Main and Rhine-Neckar regions – two of Germany’s most established logistics hubs – and incorporate strong sustainability features including EV charging infrastructure, solar panels and smart building systems.

The Burges Salmon team advising Invesco was led by Banking and Finance partner Rohan Campbell working with senior associate, Chris Herford.

“We are pleased to have supported our client on the financing of two prime, modern logistics assets in key German markets. Our Banking and Finance expertise, combined with our track record advising clients in the Built Environment sector, both in the UK and internationally, mean we were well placed to guide Invesco through this deal.”

Rohan Campbell, Partner

“We really valued the support from the Burges Salmon team throughout this transaction. Rohan and the team were positive, collaborative and engaged, providing clear, practical advice and working seamlessly with all parties to ensure a smooth process.”

Alexander Hoffmann, Invesco

Our Real Estate Finance team handle complex financing transactions for clients on both a UK and cross-jurisdictional basis, acting for banks, debt funds and leading real estate investment and development funds. The team is particularly active within the firm’s Built Environment sector group, providing strategic and practical legal advice on financing, and investing in, all forms of UK property.

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