Deka Immobilien buys in the Netherlands (DE/NL)

Deka Immobilien GmbH has acquired a distribution warehouse in Moerdijk in the Netherlands for around €22 million.

The asset, which was developed in two phases from 2000 to 2002, has a total leasable area of 57,000 m², of which about 53,600 m² is warehouse space and 2,800 m² is used as office space. The vendor and long-term tenant is the Danish logistics services provider DSV.

Cushman & Wakefield and Baker & McKenzie advised the buyer.

Source: DekaBank

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