Halverton buys Delmenhorst Industrial Park in Gladbeck (DE)

Halverton Real Estate Investment Management, Frankfurt, has acquired Delmenhorst Industrial Park in Gladbeck, a 100,000 m² site with 27,000 m² in warehousing space and 3,000 m² in office space.

The former factory site, previously used by Siemens, has been redeveloped by Fuhrmann GmbH, Duisburg, over the past few years.

The property, acquired for approx. €15 million, brings further diversification to Halverton’s German portfolio and boosts total portfolio value to over €100 million. Agents for the transaction were NAI apollo, Frankfurt.

Source: Halverton

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