AEW acquires Metro distribution center

AEW acquires Metro distribution center

Published at: 2017-05-18 11:37 | Author: CIJ Europe
AEW has acquired the Metro distribution center in Kirchheim an der Weinstrasse, southwestern Germany. The property was acquired on behalf of the LOGISTIS Fund. The purchase price was not disclosed.  The transaction was completed through a forward purchase from the developer IXOCON. The asset is pre-leased to the Metro Group, which should start using the 49,500 sqm logistics space in June.

Similar Stories:

Zumtobel, which produces LED lighting, is planning to open new factory in Nis. Project cos  »
Adriatic Marinas, which operates Porto Montenegro, and Damen Group, bought part of the inf  »
Romania’s industrial demand outpaces new supply
More than 350,000 sqm in lease deals were signed on the Romanian industrial market in the  »
Bilateral industrial cooperation is about to start in one of the free business zones in Se  »
Less Mess Storage opened its fourth Warsaw self storage facility (called ‘stores’, in   »
Having developed 2.71 million square meters of space between 2014 and 2016, Panattoni Euro   »
CTP’s geographic reach has been expanding now for several years. The Czech-based develop   »
Take-up hit 925,000 sqm, up 45 percent y-o-y, according to Cushman & Wakefield. The strong   »