Tritax EuroBox said it has exchanged contracts for the sale of its warehouse asset in Hammersbach, Hesse, Germany for €64.6 million to an unnamed European real estate investment manager. The sale price reflects a a net initial yield of 4.45% and is broadly in line with the valuation as of 31 March 2023.
Tritax Completes on €64.6 Million German Warehouse Sale
Price Reflects 4.45% Net Initial Yield
CoStar News
August 9, 2023 | 8:13 AM
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