DHL sells German logistics space

3PLs

Tuesday, May 01, 2012

Global commercial real estate service provider CBRE has advised DHL Real Estate to sell a 15,000 square-meter warehouse facility that it's developing in Leipzig, Germany to international property fund manager, Cordea Savills. The move marks the beginning of a new program around direct development by DHL Real Estate in Europe, the Middle East, and Africa. DHL said Leipzig is a strategic location within its European network and plans to develop nearly 67,...

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