Heitman goes on € 100m. spending spree in Europe

Heitman LLC has acquired 126,000 m² of warehouse and logistics space through three European deals worth a total of more than € 100m.

Warehouse and office space providing 28,850 m² of space was purchased in Bologna, Italy; whilst a portfolio of two logistics and office centres in France offering a total of 45,469 m² were acquired too. The sites in both countries boast 100% level of occupation with clients on long-term leases.

In Poland Heitman purchased eran Park, a four building logistics park developed in two phases over 2000-2001 by Apollo-Rida, which offers 52,000 m² of warehouse and office space. Current tenants include Ericsson, Era, Electrolux and ABC Data/Actebis.

Source: Eurobuild

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