PropertyEU

Hansteen acquires nine properties in Germany and Netherlands

By A staff reporter 2007-11-27T00:00:00

Hansteen, the London-listed investor in industrial properties in Continental Europe, has bought nine assets in Germany and the Netherlands for a total of EUR 53 mln. The properties generate an annual rental income of EUR 4.1 mln, reflecting an initial yield of 5.6%.

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