Deka Immobilien, the property arm of DekaBank, has stepped back into the Dutch market with the acquisition of a logistics portfolio for EUR 38 mln. The Berry portfolio consists of two assets with total space of 45,000 m[sup]2[/sup] located in the cities of Almere and Wijchen. The portfolio is earmarked for Deka's open-ended fund for institutional investors, WestInvest Immovalue fund. The assets were acquired from the Goodman European Logistics fund. They are leased on a long term-basis to car accessory manufacturer TYC Europe, IT company Saphin and Bikeeurope.
Deka Immobilien, the property arm of DekaBank, has stepped back into the Dutch market with the acquisition of a logistics portfolio for EUR 38 mln. The Berry portfolio consists of two assets with total space of 45,000 m2 located in the cities of Almere and Wijchen. The portfolio is earmarked for Deka's open-ended fund for institutional investors, WestInvest Immovalue fund. The assets were acquired from the Goodman European Logistics fund. They are leased on a long term-basis to car accessory manufacturer TYC Europe, IT company Saphin and Bikeeurope.
