UK and Continental European properlty investor Hansteen Holdings has signed a conditional agreement to acquire a German industrial property portfolio from HBI Sarl and HBI Delta Sub Sarl for an effective acquisition cost of around EUR 330 mln. The deal will be financed from around EUR 70 mln in existing cash resources and EUR 260 mln in debt.
Ares, Coima and MEAG are three investors which have closed multiple acquisitions in the last few weeks.
