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| Germany's Deka invests in the UK German asset management company Deka Immobilien GmbH has purchased a logistics facility in Enfield, UK, for the equivalent of around EUR 73 million. With the acquisition of the Sainsbury distribution warehouse, the company has obtained a high quality and fully-let building in an established logistics location that is used by a tenant with a high credit rating. The long-term sole tenant is the UKs third biggest food retailer, Sainsburys Supermarket Ltd. The building was purchased for the Deka-ImmobilienEuropa mutual fund, which has a total fund volume of EUR 7.3 billion. write your comments about the article :: © 2009 Construction News :: home page |