AMB Property Europe, the European arm of NYSE-listed AMB Property Corporation, has raised its UK profile through the purchase of AMB North Heathrow Distribution Center 1 from an unnamed UK institution. The 15,329 m[sup]2[/sup] centre is fully leased to Deutsche Post. The centre is located just over three kilometres north of Heathrow Airport.
As Ares completed a €325 mln French logistics acquisition from Blackstone, another French portfolio came onto the market.
