The development arm of Frankfurt-listed Patrizia Immobilien has purchased two plots totalling 7,500 m[sup]2[/sup] at the Belsenpark development project in the Oberkassel district of Dusseldorf. The vendor is Vivico Real Estate, a subsidiary of Austrian property company CA Immo. Both sides agreed not to disclose the purchase price.
Pan-European investor Bowery and real estate investor Alba join forces to acquire their first last-mile logistics asset in the Netherlands.
