Savills Investment Management acquires distribution centre for €33m

Savills Investment Management has acquired a distribution centre in Beychac-et-Caillau, Bordeaux, on behalf of its European Logistics fund 2, for €33.0m. The vendor of the property was Northwood Investors, represented by STAM Europe. The property is a modern distribution centre covering 35,600 square metres and is let on a long-term…