Ariston Real Estate has bought three commercial assets in the southern Germany city of Freising for EUR 54 mln. The fully-leased properties cover a total of 28,376 m2, German newspaper Immobilien Zeitung reported. The deal reflects a yield of 7.6%. The assets, including a 9,000 m[sup]2[/sup] logistics building, generate an annual rent of EUR 4.1 mln.
Ariston Real Estate has bought three commercial assets in the southern Germany city of Freising for EUR 54 mln. The fully-leased properties cover a total of 28,376 m2, German newspaper Immobilien Zeitung reported. The deal reflects a yield of 7.6%. The assets, including a 9,000 m2 logistics building, generate an annual rent of EUR 4.1 mln.