Logistics real estate company Parcolog has acquired a 15,210 m[sup]2[/sup] warehouse on a 20,234 m[sup]2[/sup] site near Lille, in Northern France, the monthly business Immo magazine reported. The transaction was undertaken on the basis of a 7.25% yield, for an asset completely let to MGF. The price of the transaction was not disclosed.
German-listed real estate company Branicks Group has sold a retail property in Bremen city centre to municipal urban developer Brestadt for €37.2 mln.
