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Frasers acquires four German logistics properties for €129.5m

Frasers Logistics & Commercial Trust (FLCT) has agreed to acquire an 89.9% stake in the equity interests in the property-owning companies which hold four logistics properties located in Germany. The agreed property purchase price for the new properties is EUR129.5 million ($188.9 million) representing a discount of 5.3% and 1.1%…

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