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Areim’s and VGP’s joint venture announces agreement for its third acquisition in Europe

Areim and VGP have through their 50:50 joint venture signed an agreement for its third acquisition. The transaction consists of 18 assets in 13 different logistics parks across Spain, Italy, Portugal, Germany, Austria, the Czech Republic and Slovakia. The total lettable area amounts to 424,000 square metres and the portfolio is 97% let. The transaction is expected to close in December.

Source: press release received on 1 December 2025