Global investment firm Carlyle has acquired eight distribution logistics assets in Germany for an undisclosed sum.
The assets, which totals 62,000sqm in aggregate, acquired in five separate transactions were acquired on behalf of Carlyle Europe Realty, Carlyle’s pan-European real estate platform.
Carlyle said it acquired two assets located close to Düsseldorf, two assets close to Munich, two assets in Bremen and single assets in the Cologne and Stuttgart regions.
Erik Orbach, director on the Carlyle Europe Realty advisory team, said: “Germany represents one of Europe’s most established markets for prime urban logistics assets and we are delighted to increase our exposure in this core geography.
“This string of acquisitions represents a continuation of Carlyle Europe Realty’s focus of identifying high-quality assets strategically located close to major urban hubs.”
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