Valad Europe announced that Greiwing, a European silo logistics company, has signed a lease on 13,300 m[sup]2[/sup] of warehouse and 400 m[sup]2[/sup] of office space at Hochstraße 150-152, Duisburg in Germany.

Valad Europe announced that Greiwing, a European silo logistics company, has signed a lease on 13,300 m2 of warehouse and 400 m2 of office space at Hochstraße 150-152, Duisburg in Germany.

The agreement includes a EUR 1.5 million investment by Valad to refurbish the warehouse space, tailoring it to meet the modern day requirements of Greiwing's specialist logistics business. Both Valad and Greiwing were advised by Realogis, the specialist real estate consulting firm.

Greiwing will use the property to grow its bulk logistics operations in the Lower Rhein-Ruhr area.