FRANKFURT-CBRE Global Investors' Pan European Core Fund (PECFund) has acquired 139,930 square feet in the Multi-Park complex,an industrial and logistics park in Monchhof, from OFBProjektentwicklung GmbH and MP Holding. The Multi-Park complex isbeing constructed in several phases.
The PEC Fund purchased the first and second building phases fromOFB Projektenwicklung and MP Holding. CBRE and SIMRES negotiatedthe deal on behalf of the PEC Fund. For the full story, go toEurope Real Estate .
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