Deka Immobilien, the property arm of DekaBank, has stepped back into the Dutch market with the acquisition of a logistics portfolio for EUR 38 mln. The Berry portfolio consists of two assets with total space of 45,000 m[sup]2[/sup] located in the cities of Almere and Wijchen. The portfolio is earmarked for Deka's open-ended fund for institutional investors, WestInvest Immovalue fund. The assets were acquired from the Goodman European Logistics fund. They are leased on a long term-basis to car accessory manufacturer TYC Europe, IT company Saphin and Bikeeurope.
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