German open-ended fund Deka Immobilien has acquired a logistics property in Moerdijk in the southern Netherlands for EUR 50mln from Austrian investment company Akron. Built in 2001, the plant is leased on a long-term basis to Ewals Logistics and consists of two buildings with a total leasable area of 64,200 m[sup]2[/sup]. It will be added to Deka's European fund Deka ImmobilienEuropa.
German open-ended fund Deka Immobilien has acquired a logistics property in Moerdijk in the southern Netherlands for EUR 50mln from Austrian investment company Akron. Built in 2001, the plant is leased on a long-term basis to Ewals Logistics and consists of two buildings with a total leasable area of 64,200 m2. It will be added to Deka's European fund Deka ImmobilienEuropa.
Located between the ports of Rotterdam and Antwerp, Moerdijk offers a combination of road, rail and waterway connections and is expected to benefit strongly from the forecast increased flow in international goods transhipments. Demand for modern logistics space in the Netherlands has been markedly higher than supply in recent years, Deka said.
