CBRE Investment Management has acquired off-market the 39,110 m2 Log Plaza logistics park in Grossbeeren, 25-minutes’ drive from Berlin city centre, on behalf of client Zurich Insurance Group Germany. The seller is a wholly owned subsidiary of Osmab Holding.
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Valor Real Estate Partners (Valor) has increased its footprint in the high conviction Paris market with the acquisition of a 2-hectare brownfield site in the core submarket of La Courneuve, where it intends to bring forward the speculative development of a 10,166 m2 modern urban distribution park.
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German fund manager Union Investment Real Estate has acquired a logistics asset in Venray, the Netherlands, from Rotterdam-based real estate investor and developer DHG for €85 mln.
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German logistics specialist Garbe has acquired Green Square Logistics I, a warehouse in Aalsmeer near Amsterdam’s Schiphol Airport, for €40 mln via a forward-funding transaction.
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Logistics specialist VGP has announced the acquisition of the former La Naval shipyard site on the Bilbao estuary, Northern Spain.
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Resolution Property has made its first acquisition in the logistics sector with the purchase of a 40,000 m2 logistics hub in Woerden, the Netherlands.
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Industrial parks specialist Sirius Real Estate has completed the acquisition of a business park in Neckartenzlingen, south of Stuttgart, for a total cost of €34.5 mln.
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As bidders for the DHL prime Europe logistics portfolio await feedback, here we set out what they are fighting for.
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Blackstone-owned investor-developer St Modwen has purchased a portfolio of UK urban warehouses from Argo Real Estate as part of plans to build a greater presence in Greater London and South East England.
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European logistics investor-manager Tritax EuroBox has purchased a logistics warehouse in Piacenza, Northern Italy, its third in the country to date.
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Swedish construction and property group Skanska has announced plans to build up an investment property portfolio focused around Stockholm, Gothenburg and Malmo.
