San-Francisco based industrial property developer and owner AMB Property Corporation said it has pre-leased more than 130,000 sq ft (12,100 m2) in the 437,000 sq ft AMB Boom Distribution Center to fashion retailer C&A Belgie. C&A will use the facility to expand it distribution capabilities in Belgium.
Singapore's Mapletree Investments has acquired 31 student housing assets in the UK and Germany from Cuscaden Peak Investments for £1 bn (€1.2 bn).
