Deka Immobilien has acquired a logistics project near Rotterdam for €80 million. The property was sold by Dudok Real Estate. It will be added to the portfolio of the open-ended real estate fund Deka-ImmobilienEuropa.
The new building covers almost 37,000 square metres, containing a logistics warehouse and an office block that are interconnected by an overground bridge. There are also 150 parking spaces available. The project is located in Alblasserdam, an established logistics site that constitutes an eastern extension of the port of Rotterdam. It was completed in the fourth quarter of 2023 and is fully leased to Peute Recycling B.V. on a long-term basis.
Source: Europe-re.com on the 5th of October 2023