Tritax EuroBox continues acquisitions spree with Bochum buy

Tritax EuroBox Bochum

Tritax EuroBox has continued its rapid acquisition of a series of continental European logistics assets with the €35.7m (£31.2m) purchase of a warehouse near Bochum at a net initial yield of 4.9%.

The purpose-built logistics warehouse in the Rhine-Ruhr region of Germany has a gross internal area of 391,800 sq ft and is divided into four units, with an eaves height of 12 metres, and has significant yard area and parking.

Of the four units, one is let to SVH Handels, a subsidiary of craft giant Würth Group, on a fixed term of seven years while a second is let to WM Group, a logistics service provider, for a fixed term of five years.

This is premium content

You must be logged in to view premium stories.

Gated access promo

Subscribe for full access

Take out a print and online or online only subscription and you will get immediate access to:

  • Breaking industry news as it happens
  • Expert analysis and comment from industry leaders
  • Unlimited access to all stories, including premium content
  • Full access to all our online archive

To get access to premium content subscribe today

Alternatively REGISTER for a free trial to access up to 4 articles and sign up for email alerts

If you are already a registered user or a subscriber you can SIGN IN now