Arrow Capital Partners, the specialist investor, credit provider, developer and manager of real estate in Europe and Asia-Pacific, has acquired DPD’s last mile distribution hub in Leipzig, Germany, for its Strategic Industrial Real Estate (SIRE) joint venture with Cerberus Capital Management.
A strategically important logistics asset, the DPD distribution hub plays an essential role in ensuring the integrity of the just-in-time supply chains of many industrial and manufacturing business operating across the Leipzig region, including well-known vehicle manufactures such as BMW and Porsche.
Source: press release sent July 2nd