Madison International Realty and StoneVest’s DACH region industrial real estate venture has added a German asset to its portfolio.
The partnership has acquired a light industrial property in Mehring, Bavaria, via a 15-year sale-and-leaseback transaction.
The property featuring approximately 15,000 square meters of leasable space on a 27,000 square meters site is primarily composed of warehouse and production areas, with some additional office space.
Source: realassets.ipe.com on the 27th of May