Deka Immobilien has acquired the Tesco Distribution Centre in the Prague metropolitan area in the Czech Republic. The logistics property is part of the portfolio held by the open-ended property fund Deka-ImmobilienEuropa. The vendor is Tesco Group, the world's third largest grocery retailer. The purchase has been implemented as part of a sale-and-leaseback agreement. Cushman & Wakefield acted on behalf of Tesco Group.
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