The real estate arm of Spanish insurance group Mapfre has acquired the headquarters of Mercedes Benz in northern Madrid for around EUR 28 mln, well-informed sources have told PropertyEU. The scheme was sold through a sale-and-leaseback structure to Mapfre Inmuebles for a yield of over 6%.
Pan-European investor Bowery and real estate investor Alba join forces to acquire their first last-mile logistics asset in the Netherlands.
