Hamburg-based Union Investment Real Estate, acting on behalf of its Immo-Invest: Europa institutional fund, has acquired a logistics project in Bad Hersfeld from Goodman Bad Hersfeld Logistics (Lux). The 102,020 m[sup]2[/sup] development will be completed in September this year. The transaction amount was not disclosed.
Pan-European investor Bowery and real estate investor Alba join forces to acquire their first last-mile logistics asset in the Netherlands.
