Hamburg-based Warburg - Henderson has acquired the new Telfspark in Tyrol for about EUR 18 mln on behalf of the joint venture's Osterreich Fonds Nr. 1. The retail warehouse centre, situated directly adjacent to Autobahn A12, was opened in September 2008. It has a lettable area of around 9,400 m[sup]2[/sup] and comprises 17 business units, 95% of which are already rented out.
As Ares completed a €325 mln French logistics acquisition from Blackstone, another French portfolio came onto the market.
