Savills Investment Management has acquired a fully let 22,550 square meter logistics property in France for an unnamed German pension fund.
The real estate investment manager has acquired the newly constructed logistics property in north-west France for an undisclosed amount.
The asset, located between Paris and Le Havre, near Rouen, was developed by Virtuo Industrial Property, with Alteo IM providing asset management services. The property is let to transport and logistics company De Rijke.
Source: realassets.ipe.com on the 16th of April