Hamburg-based Tag Immobilien is launching a EUR 174 mln voluntary takeover offer for Cologne-based competitor Colonia Real Estate. In a statement last week, the company offered to pay EUR 5.5 for each Colonia share, representing a 30% premium on the company's average weighted market price for the past three months.
Pan-European investor Bowery and real estate investor Alba join forces to acquire their first last-mile logistics asset in the Netherlands.
