German real estate investment manager Deka Immobilien has acquired two logistics properties from UK REIT Segro for an undisclosed sum. The assets include a distribution centre in Freiberg am Neckar, constructed in 2018, and a cross-dock facility in Erlangen, built in 2015. Both properties are fully leased to financially sound tenants. The Freiberg am Neckar property is located within the Stuttgart automotive logistics hub. This 11,320 square meters facility is leased to automotive supplier Craiss Generation Logistik which delivers Porsche Taycan components to the Zuffenhausen factory.
Source: propertyeu.info on the 16th of August