Allianz Real Estate has formed a EUR 470 mln joint venture with global industrial property specialist AMB Property Corporation. The joint venture takes the form of a Luxembourg FCP-FIS fund which will acquire, own and operate logistics real estate tied to global trade and located in major seaport, airport and distribution markets in the Eurozone.
Pan-European investor Bowery and real estate investor Alba join forces to acquire their first last-mile logistics asset in the Netherlands.
