Ivanhoé Cambridge buys second logistics project in Germany
Global real estate investor Ivanhoé Cambridge has acquired its second logistics development project in Germany in partnership with developer and asset manager NVELOP. The two companies announced in September that they would invest in logistics real estate opportunities in Germany together, from development to core-plus and as part of that partnership, acquired a 72.000 sqm brownfield logistics project in the Frankfurt market. In the latest deal, Ivanhoé Cambridge has acquired a 48.000 sqm brownfield site in Velten, north-west Berlin, where...