PropertyEU

Develica Deutschland invests EUR 70m in Germany

By A staff reporter 2007-04-03T00:00:00

Develica Deutschland has announced the acquisition of three commercial properties in Germany over the last few days. It purchased a fully let 12,522 m[sup]2[/sup] logistics property, located in the northern city of Lohne for EUR 21.78 mln. The deal reflects an initial yield of 7.1%. It acquired another 50,000 m[sup]2[/sup] ...

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