Berlin: Beos acquires 13,000 sqm logistics property in Neukölln
Beos has acquired a logistics property in Berlin’s Neukölln district for its open-ended real estate Spezial AIF “Beos Corporate Real Estate Fund Germany III” (CREFG III). The property’s 13,000 sqm of lettable space includes a 6,900 sqm frozen storage warehouse, a 4,900 sqm dry warehouse and 1,200 sqm of office space. The property is located at Niemetzstraße 32-50; nearly 90% of it is let to seven companies, with an average remaining term of around seven years. The seller is Bayerische Gewerbebau, a subsidiary of the Doblinger Group.
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