PATRIZIA AG has acquired two logistics assets in western Germany for c. EUR 139 million.
- Assets provide a total c. 100,600 sq m of modern logistics space
- Both properties have strong sustainability credentials targeting a DGNB ‘Platinum’ rating
- Assets located in Germany’s most populous state, North Rhine-Westphalia
- PATRIZIA’s logistics AUM totals over EUR 6 billion
Augsburg, 15 February 2022. PATRIZIA AG, a leading partner for global real assets, has acquired two logistics assets in western Germany for c. EUR 139 million, on behalf of one of its dedicated Pan European logistic funds “PATRIZIA Logistik-Invest Europa III”. The assets, one of which is a major pre-let development project, will together provide c. 100,600 sq m of modern, sustainability-led space with a combined WALT of almost 10 years.
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