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Granite REIT completes two transactions in Germany
Granite Real Estate Investment Trust has completed its acquisition in Erfurt from GIEAG Immobilien AG. At the beginning of July, the REIT entered into an agreement to acquire the warehouse and logistics property at the Joseph-Meyer-Strasse 3 in Erfurt for €53.9 million, representing an in-going yield of approximately 5.4% excluding…
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