Announced
Completed
Synopsis
Rewe Group, a diversified retail and tourism co-operative group, completed the acquisition of 84k-square-metre logistics property in Bondorf from Invesco Real Estate, a real estate investment business of Invesco. Financial terms were not disclosed. The aim is to make even greater use of the hub for regional distribution, which requires an expansion of the logistics capacity. The property was acquired by Invesco in 2016 and has now been sold on behalf of one of Invesco’s European strategies in an off-market transaction.
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