PropertyEU

Real IS buys logistics centre for EUR 45m

By A staff reporter 2008-02-05T00:00:00

Real IS, a Munich-based subsidiary of Bayern LB, has bought a logistics property in the central German region of Nordhessen for EUR 45 mln. Developed by ECE, the property is entirely leased to the Hermes Group and consists of 20,000 m[sup]2[/sup] of logistics space.

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