Areim’s and VGP’s joint venture closes its first acquisition in Europe
Nordic —
The Nordic fund manager and property owner Areim, and VGP, a supplier of high-quality logistics and semi-industrial real estate, have closed their first acquisition through their 50:50 joint venture. The acquisition consists of 17 assets in ten different logistics parks across Germany, the Czech Republic and Slovakia. The total area amounts to 450,000 square meters of gross lettable area and is fully let.