Fund manager Deka Immobilien has acquired a business and retail complex in the German city of Mainz for about EUR 40 mln. The 6,500-m[sup]2[/sup] property is being contributed to the WestInvest TargetSelect Shopping fund. The vendor is B+L Real Estate. The main tenant of the property is drug store chain Müller.
Pan-European investor Bowery and real estate investor Alba join forces to acquire their first last-mile logistics asset in the Netherlands.
