PropertyEU

Neddex buys two logistics buildings in the Netherlands

By A staff reporter 2009-05-20T00:00:00

Dutch property firm Neddex has acquired two logistics assets in a sale-and-leaseback transaction with Broekman Group. The properties, which are located in Sittard-Geleen, the Netherlands, offer 37,000 m[sup]2[/sup] of total lettable area let with a 12-year contract to Broekman. The assets generate an annual rent of EUR 1.685 mln. Mik ...

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