Goodman acquires pan-European warehouse portfolio

By A staff reporter 2008-03-05T00:00:00

Goodman's European Logistics Fund (GELF) has agreed to a sale-and-leaseback deal with German logistics provider Kuehne + Nagel for 22 warehouse assets at the cost of EUR 220 mln. The average leaseback period will be five years. In addition to the properties GELF has acquired 18.8 hectares of undeveloped land ...

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