Austrian property group Immofinanz has expanded its logistics activities with the acquisition of four logistics centres in Germany and two in Switzerland through its Deutsche Lagerhaus subsidiary. Together they provide a total usable floor space of 177,300 m2, increasing the Deutsche Lagerhaus portfolio to 26 properties at 722,800 m[sup]2[/sup]. Immofinanz has also increased its stake in Deutsche Lagerhaus to 90%.
Private asset management company Kryalos has completed the acquisition of a light industrial property in Rome, through its Mars fund.
