Brief: VGP, Deka Immobilien Announce EUR 1.1 Billion Logistics Portfolio JV

VGP NV

24/07/2023 06:04

July 24 (Reuters) - VGP NV  VGP1.BR :
    * VGP AND DEKA IMMOBILIEN ANNOUNCE € 1.1 BILLION LOGISTICS
PORTFOLIO JOINT VENTURE
    * TOTAL VALUE OF JOINT VENTURE IS EUR 1.1 BILLION WHICH WILL
BE
ACCOMPLISHED THROUGH A NUMBER OF CLOSINGS
    * WITH A FIRST CLOSING ANTICIPATED TO MATERIALIZE IN Q3 2023
    * 50:50 JOINT VENTURE, SET TO ACQUIRE OVER TIME DEFINED
PORTFOLIO
OF 5 PARKS WITH 20 BUILDINGS OF GERMAN SEMI-INDUSTRIAL AND
LOGISTICS ASSETS DEVELOPED BY VGP

Source text for Eikon:  ID:nGNE9XTqLP 
Further company coverage:  VGP1.BR 

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