CBRE Global Investment Partners (GIP) acquired a European logistics portfolio totaling 600,000 sqm across France, Germany, the Netherlands and Spain from TH Real Estate. The cost of the deal is €350m. The portfolio comprises seven assets, including Villabe in France, Straubing in Germany and Alovera in Spain. TH Real Estate will continue managing the properties on behalf of GIP and will search for further acquisitions mainly in Germany, Spain and France.
