Deka Immobilien acquires LEED Platinum certified logistics centre in Ticino for WestInvest InterSelect fund

Deka Immobilien acquires LEED Platinum certified logistics centre in Ticino for WestInvest InterSelect fund

(IN BRIEF) Deka Immobilien has completed its first logistics property acquisition in Switzerland with the purchase of the GXO Sant’Antonino distribution centre in Ticino for the WestInvest InterSelect fund. Built in 2013, the 50,000 m² property is fully leased to GXO Logistics Switzerland S.A.G.L., part of U.S.-based GXO Logistics, under a long-term agreement. The facility features sustainability highlights such as two photovoltaic systems covering 20,000 m² and a LEED Platinum certification. Positioned within the strategic Germany–Basel–Milan corridor, the centre serves major clients in luxury goods and e-commerce. With this deal, Deka secures a modern, future-proof asset offering reliable long-term income and reinforces its commitment to sustainable, high-quality investments.

(PRESS RELEASE) FRANKFURT, 27-Aug-2025 — /EuropaWire/ — Deka Immobilien has finalized the purchase of a state-of-the-art logistics and distribution centre located in the commercial district of Sant’Antonino in the Swiss canton of Ticino. The asset will be incorporated into the portfolio of the open-ended real estate fund WestInvest InterSelect. The purchase price and details of the seller remain confidential.

Constructed in 2013, the GXO Sant’Antonino facility offers more than 50,000 m² of lettable space alongside 80 parking spaces. A strong emphasis on sustainability is evident in its design, with two large photovoltaic systems covering approximately 20,000 m² on the rooftop. The property has achieved LEED Platinum certification, reflecting its advanced environmental and energy efficiency standards.

The centre is fully occupied under a long-term lease by GXO Logistics Switzerland S.A.G.L., part of the U.S.-based GXO Logistics, Inc., recognized as the world’s largest pure-play contract logistics company. The site operates as a shared-user automated hub, supporting major companies across Switzerland, including a leading French luxury goods group and a well-known German online retailer. With its prime location just off the motorway near the Italian border, the facility is strategically placed within the Germany–Basel–Milan logistics corridor, one of Europe’s key supply chain routes.

This acquisition represents WestInvest InterSelect’s first logistics investment in Switzerland. By securing this modern and sustainable property, Deka Immobilien ensures stable long-term rental income from an internationally established tenant while expanding its exposure to one of Europe’s most vital logistics corridors.

About Deka
Deka Group, consisting of DekaBank Deutsche Girozentrale and its subsidiaries, is the securities services provider of the German Savings Banks Finance Group (Sparkassen-Finanzgruppe). With total customer assets under management of 427 billion euros (as at 30.06.2025) and 5.9 million securities accounts, it is one of the largest securities service providers and real estate asset managers in Germany. Deka Group offers investment solutions and services for private and institutional investors and aligns its products with the requirements of its owners, the savings banks.
The Deka Group’s global real estate expertise is pooled in its Real Estate Division. The management companies, Deka Immobilien Investment GmbH and WestInvest Gesellschaft für Investmentfonds mbH provide management and support for EUR 51 billion (as at 31/12/2024) in real estate assets.

Media Contacts:

Christian Pommée
Pressesprecher
069 / 7147 – 7761
christian.pommee@deka.de

Dr. Daniela Gniss
Pressesprecherin
069 / 7147 – 2188
daniela.gniss@deka.de

SOURCE: Deka Immobilien

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