German open-ended fund manager Deka Immobilien has acquired a logistics building in the Netherlands for EUR 22 mln. The property was sold and leased back by Danish logistics services provider DSV.

Located in Moerdijk, Noord-Brabant, the asset was developed in two phases from 2000 to 2002 and is earmarked for a spezialfonds managed by Deka. It offers 57,000 m2 of total leasable area, 53,600 m2 of which for warehousing accommodation and 2,800 m2 for office space.

Cushman & Wakefield and Baker & McKenzie advised the buyer.

Earlier in April, Deka acquired an office building in the UK city of Bristol from a special fund managed by SEB Asset Management for £31 mln (EUR 35 mln). The 2 Temple Back East office building is located in the heart of Bristol's business district. The property was completed in 2002 and comprises total floor space of around 8,100 m2 on five floors.