The BlackRock Eurozone Core Property Fund, which closed for the first time in May 2018, made its first two acquisitions in Germany.
Deal Mekldung Black Rock
One acquisition is a portfolio of two logistics warehouses in A locations in the metropolitan regions of Munich and Regensburg.
The 43,000 square meter properties were built in 2017 and 2014 and are fully occupied by a pharmaceutical logistics tenant with a strong credit rating for a remaining term of more than nine years. With this investment, the Euroland Core Property Fund has a commitment to modern, high-quality logistics facilities at two very strong logistics locations in Germany.
The BlackRock Eurozone Core Property Fund was advised on the transaction by Logivest, among others.
Cookies are essential for the operation of our websites. By using this site you agree to our use of cookies.