Hochtief Projektentwicklung has sold the new specialist retail mall and service centre on the Industrial Development West in the Hessian town of Friedberg to Hansainvest for EUR 22.3 mln. The overall development comprises two construction phases with combined rental space of just under 19,000 m2, most of which is already let. The first construction phase was completed in mid-2009.
Pan-European investor Bowery and real estate investor Alba join forces to acquire their first last-mile logistics asset in the Netherlands.
