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Skanska divests terminal- and logistics property in Helsingborg

Skanska has sold a terminal- and logistics property in Helsingborg for about SEK 200m to an investment consortium led by NRP. The divestment will be recorded by Skanska Commercial Property Development Nordic in the first quarter 2021, where the transfer of the property will take place as well.
Friday, 5. March 2021

Allianz acquires prime last-mile logistics facility in Vienna

Allianz Real Estate, on behalf of several Allianz group companies, has acquired a special purpose vehicle (SPV) owning a newly built, last-mile logistics facility in southern Vienna for €72 million. The SPV has been sold to Allianz Real Estate by Exeter Property Group.
Friday, 5. March 2021

LIP Invest purchases Last-Mile-Logistic properties in Hürth and Schwülper

LIP Invest buys two Hermes distribution centres in Hürth, Wegelinstraße 1 and in Schwülper, Waller See 16. Both objects complement the portfolio of the progressing open Real Estate Special AIF „LIP Real Estate Investment Fund – Logistics Germany III“ (LIP III), which is being managed by the Service KVG Intreal.
Friday, 5. March 2021

Sirius completes Business Park acquisition near Stuttgart

Sirius Real Estate has completed the acquisition of a 8,800 sqm mixed-use business park in Fellbach, near Stuttgart, for a total acquisition cost of €9.2 million, reflecting an EPRA net initial yield of 6.0%.
Wednesday, 3. March 2021

Garbe Industrial marks another banner year in 2020

Garbe Industrial Real Estate GmbH keeps expanding across Europe, and ended the 2020 financial year with yet another record result. The company expanded particularly in Central and Eastern Europe (CEE), while also opening an office in France early this year. The transaction total notarised across Europe last year increased by ...
Tuesday, 2. March 2021

Garbe leases 59,000 sq m to Euziel in Werne

Garbe Industrial Real Estate GmbH is expanding its cooperation with the online retailer Euziel International. The Hamburg-based project developer is leasing around 59,000 square metres of space in Werne (in Germany’s Unna district) to the company, which specialises in the import, export and sale of consumer goods. This means ...
Tuesday, 2. March 2021

Clarion acquires logistics porfolio totalling 51,000 m²

With this acquisition, the real estate investment fund manager now owns 17 assets in Spain totalling 350,000 m², all located in and around the key conurbations of Madrid, Barcelona, Seville and Zaragoza.
Monday, 1. March 2021

MünchenerHyp finances residential and logistics properties in Spain for Patrizia

Münchener Hypothekenbank eG (MünchenerHyp) provided financing of about € 56 million for the purchase of a residential building in Barcelona and a logistics building in the greater Madrid area for Patrzia AG. Each of the loans has a term of ten years.
Friday, 26. February 2021

City Harvest grows at Segro’s Acton Park estate

Segro is providing additional space to food charity, City Harvest to enable it to scale up its operations across London. The charity will now distribute high quality and nutritious meals to Londoners living in poverty from the 13,400 sq ft space, with immediate effect.
Thursday, 25. February 2021

Logistics Start-up Hive moves into Panattoni Park Berlin South

Panattoni's largest speculative facility in Germany has a new tenant. “At Panattoni Park Berlin South, we will set up a new fulfilment centre to expand our customer base and be able to take over logistics for even more online retailers,” commented Oskar Ziegler, Co-Founder & Managing Director of Hive Logistics GmbH.
Wednesday, 24. February 2021

Warehouses becoming part of urban landscape in Poland

The development of e-commerce and the accelerating urbanisation process is translating into a growing stock of urban warehouses in Poland which currently stands at approx. 1.6 million sqm, with the prospect of further growth.
Wednesday, 24. February 2021

Belfor moves from Moers to Krefeld

The fire and water damage restoration specialist Belfor has moved its fixtures renovation site from Moers to Krefeld. In a deal advised by Realogis, Belfor Deutschland GmbH (Duisburg) has sigened a long-term lease at a very well-maintained free-standing property in Krefeld-Gartenstadt on the border with Uerdingen. The owner i...
Tuesday, 23. February 2021

Hassler fürs Büro GmbH buys property in Stuttgart metropolitan region

Hassler fürs Büro GmbH has purchased a commercial property in Winterbach in the east of Stuttgart. A family company in its third generation, Otto Hassler is regarded as an expert in office equipment and archiving systems, and is using the existing building, which boasts a plot of 1,200 m² as well as 370 m² of hall space and 6...
Tuesday, 23. February 2021

DIC Asset launches first logistics property fund with RLI

The cooperation with the recently acquired subsidiary bears fruit. "The fact that we went to the market with this product within just a few weeks of integrating RLI Investors makes it clear what we mean by 'dynamic performance',“ says Sonja Wärntges, CEO of DIC Asset AG.
Tuesday, 23. February 2021