A joint venture of JP Morgan Asset Management and Sydney-listed Cromwell Property Group has sealed the acquisition of the fully-leased Panattoni Park Hamburg from developer Panattoni and investor Kajima in a deal said to be worth just under €100 mln.
Elite Partners Capital, a Singapore-based firm, has bought an industrial asset south of Karlsruhe in Germany having paused from the market amid interest rate hikes of 2022 and 2023.
