trending Market Intelligence /marketintelligence/en/news-insights/trending/fl0-NP-RL1u3-2PImZ-4tA2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

PATRIZIA Immobilien buys 4 logistics properties in Belgium, Netherlands for €70M

Gauging Supply Chain Risk In Volatile Times

The Commercial Real Estate (CRE) Sector Feels the Impact of the Coronavirus

Credit Analytics Case Study Poundworld Retail Ltd

Segment

IFRS 9 Impairment How It Impacts Your Corporation And How We Can Help


PATRIZIA Immobilien buys 4 logistics properties in Belgium, Netherlands for €70M

PATRIZIA Immobilien AG bought four logistics properties encompassing more than 100,000 square meters across Belgium and the Netherlands for 70 million.

The company acquired a fully occupied, three-property portfolio in Belgium from Leasinvest Real Estate SCA, with 80,000 square meters of storage space and 8,000 square meters of office space. Tenants include Ziegler, MSF, Van Inn, Van den Borre and SKF, and the properties have a combined weighted average unexpired lease term of 5.2 years.

The company also acquired, in a separate deal, a 12,500-square-meter distribution center in Dordrecht in the Netherlands from DSV Air & Sea, which will continue to occupy the facility under a long-term lease.