Reit Asset Management Munich has sold a mixed portfolio of 67 properties to Australian investor Multiplex European Property Fund for about EUR 355 mln. The properties are predominantly located in medium-sized town in western Germany. The company still holds property assets valued at some EUR 900 mln and it plans to grow this to EUR 1 bn before the end of the year.
Pan-European investor Bowery and real estate investor Alba join forces to acquire their first last-mile logistics asset in the Netherlands.
