01 September 2006
Develica Deutschland, the AIM-listed German property specialist, has bought two sheds for €94m (£63.4m). The properties in Minden and Offenbach, west Germany, total 1.32m sq ft (122,630 sq m) and generate ¤6.7m (£4.5m) a year, reflecting a yield of 7.1%. DTZ represented Develica.
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