Aberdeen property fund acquires Dutch wholesale market

Aberdeen property investors said it has acquired a B2B wholesale market property in the Dutch town of Venlo from Dutch firm TCN Property Projects. The property will be included in the firm’s European balanced property fund, which has total assets of EUR 191 mln. The 20,000 m[sup]2[/sup] property is occupied by Trends & Trade Venlo, a wholesale market restricted to business-to-business clients and a Property Projects subsidiary. No financial details were disclosed.

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