CBRE IM to acquire $4.9bn logistics portfolio in US, Europe
CBRE Investment Management has agreed to acquire a more than 57-asset, 28.4-million square-foot portfolio of state-of-the-art logistics properties in the United States and Europe...
British Land pays £157m for three warehouses in Wembley
British Land has acquired three warehouses at Hannah Close, in Wembley for £157m with completion expected by mid February.
British Land said this is...
Nuveen Real Estate adds five logistics assets to European portfolio
Nuveen Real Estate has purchased five logistics assets across Norway, Germany, Spain and the United Kingdom.
Nuveen said the acquisitions represent an overall investment...
JLL Income Property Trust pays $158.5m for San Diego industrial portfolio
JLL Income Property Trust has bought the South San Diego Distribution Center, a three-building, 665,000-square-foot industrial portfolio in San Diego, California for $158.5 million.
"Industrial properties continue...
Sirius sells business park in London for £16m
Sirius Real Estate has agreed the sale of an asset in Camberwell, London, for £16 million, representing a net initial yield of of c. 2.0%.
The asset formed...
Prologis adds four distribution centers to Dutch portfolio
Prologis has expanded its Dutch portfolio with the acquisition of four new distribution centers in the Netherlands from KKR and Mirastar.
The new facilities are...
Panattoni to develop built-to-suit facility for Mercedes-Benz in Bischweier
Panattoni said it plans to develop a central production supply and preassembly location for the internationally operating manufacturer of premium vehicles, Mercedes-Benz AG.
The...
Palmira logistics fund adds Graz asset to portfolio
Palmira Capital Partners has bought a new logistics property in Graz/Styria for the European Core Logistics Fund.
Standing on a site of approximately 26,600 square metre, the...
Union Investment expands logistics portfolio with Polish acquisition
Union Investment has acquired a new logistics building in the Polish town of Wrzesnia, around 50 km east of Poznan.
The town is situated in one...
Delin Property’s fund buys warehouse in the Netherlands
European logistics warehouse specialist Delin Property has acquired, on behalf of its Dutch fund, a fully occupied warehouse in Veghel, the distribution hub in...
Verdion plans distribution facility project in Hanover
Verdion plans to develop a third distribution centre targeting DGNB Platinum and providing around 15,120 sq m of new Grade A warehousing space at...
Warehouse REIT divests two distribution assets for £29.5m
Warehouse REIT has completed the sale of two distribution assets totalling 269,000 per sq ft for £29.5 million, generating an ungeared IRR of 9%.
The...
