Deka Immobilien reaches sale and leaseback agreement with TESCO in Prague for €36 Million

Deka Immobilien GmbH has acquired the Tesco Distribution Centre in the Prague metropolitan area in the Czech Republic. The logistics property is part of the portfolio held by the open-ended property fund Deka-ImmobilienEuropa. The vendor is Tesco Group PLC, the world’s third largest grocery retailer. The purchase has been implemented…