Buys industrial and logistics assets in Germany and Austria, buys Clerys building in Dublin. :
Pan-European real estate investment manager Europa Capital has acquired a logistics portfolio and a retail asset with its partners. Europa and its joint venture partner Garbe Industrial Real Estate have bought a 183,000sqm portfolio of six light industrial and logistics assets in Germany and Austria on behalf of its pan-European value-add fund, Europa Fund V, for €92.5m. The assets were acquired from a joint venture between Crossroads European Real Estate Fund and Palmira Capital Partners.