German property investors Harder and Partners have bought pharmaceuticals firm Pfizer's premises in Karlsruhe for an undisclosed amount as part of a sale-and-leaseback deal which includes 200,000 m[sup]2[/sup] of industrial space and 90,000 m[sup]2[/sup] of derelict land. Pfizer will lease back the buildings and distribution space for an unspecified period.
Pan-European investor Bowery and real estate investor Alba join forces to acquire their first last-mile logistics asset in the Netherlands.
