Cromwell Property's Cromwell European REIT (Cereit) has announced plans to acquire 23 properties across Finland, France, Italy, the Netherlands and Poland for around €384.4 mln, and said it was seeking to raise €224.1 mln in a rights issue to partially fund the deals.
Hamburg Commercial Bank AG (HCOB) has agreed to provide investment manager Barings with financing in the mid double-digit million euro range for the construction of a sustainable logistics centre in Hesse.
