AAM picks up logistics centres for EUR 40 mln

Aaeral Asset Management (AAM) has acquired two logistics centres on behalf of its Aareal EuroLogistics Fund for EUR 40 mln. The properties cover respectively 12,500m[sup]2[/sup] and 41,000m[sup]2[/sup] and are located in Born, southern Netherlands. The centres let on long-lease leases to office-product maker Acco Brands Corporation, high-performance material supplier Saint Gobain and Seacon Logistics. Real estate advisor DTZ Zadelhoff acted for the buyer.

Premium subscriber content – please log in to read more or take a free trial.

Events

Latest news

Best read stories