Logistea to merge with KMC Properties in a $309m deal.

Logistea, a real estate company, to merge with KMC Properties, a real estate company focusing on industrial and logistic properties, in a $309m deal. “We are very pleased to announce this transformational transaction where we combine two attractive and similar companies and property portfolios into one. I am looking forward to develop Logistea with my current and new colleagues with the aim to strengthen the offer to our tenants and becoming the natural choice for logistics and industrial companies," Niklas Zuckerman, Logistea CEO.