RREEF acquires logistics platform for EUR 42m

By A staff reporter 2011-07-27T00:00:00

Deutsche Bank's real estate investment management arm, RREEF has acquired a 69,000-m[sup]2[/sup] logistics platform in Cestas, near Bordeaux, for a total of EUR 42 mln. The property, which is earmarked for RREEF's Grundsbesitz Europa open-ended real estate fund, was acquired from a vehicle managed by fund management firm AEW Europe. ...

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