German investor LHI Leasing has set up a new closed-end real estate fund to acquire the BMW dealership providing some 35,000 m[sup]2[/sup] of space in Stuttgart-Vaihingen. The investment volume of EUR 69 mln consists of EUR 57 mln provided by a number of investors in the fund and a further EUR 12.5 mln of its own capital.
Pan-European investor Bowery and real estate investor Alba join forces to acquire their first last-mile logistics asset in the Netherlands.
