German open-ended fund manager Commerz Real has acquired two logistics properties for one of its institutional funds for a total of EUR 55 mln. This brings the total to approximately EUR 430 mln. The portfolio now includes 21 logistics properties, located in Germany, France, Italy and the Benelux countries.
Pan-European investor Bowery and real estate investor Alba join forces to acquire their first last-mile logistics asset in the Netherlands.
