DEMIRE Deutsche Mittelstand Real Estate AG sells the logistics property LogPark in Leipzig to HIH Invest Real Estate, Hamburg. The parties have agreed not to disclose the purchase price.
DEMIRE has developed the former Quelle shipping centre, which it acquired in 2015, into a broadly diversified logistics park in recent years. The LogPark has a rental area of around 160,000 m². The main tenants are Amazon, Momox and the international event service provider Neumann & Muller.
Image source - Pexels.
