Belgian property company Cofinimmo has acquired a development site in the port of Antwerp for around EUR 25 mln. The site will be used for the development of a 10,000 m[sup]2[/sup] office building and 200 parking spaces. The company expects the intitial rental yield to be between 6.1% and 7.1%.
As Ares completed a €325 mln French logistics acquisition from Blackstone, another French portfolio came onto the market.
