Germnay's Adler Real Estate and THG Real Estate have acquired the Logistics Center Duisburg-North project located in Duisburg, northern Germany, from ThyssenKrupp. The financial details of this transaction have not been disclosed, but Adler said it will invest some EUR 40 mln in the three-phase construction project. Duisburg-North development will provide 126,000 m[sup]2[/sup] of logistic space. The first stage of construction is expected to be completed in 2007.
Premium subscriber content – please log in to read more or take a free trial.
