IDI Gazeley acquires logistics location in Mannheim

Back to news summary 14/08/2015

Logistics specialist IDI Gazeley, backed by Canada-based investor Brookfield, has acquired the logistics property at Steinzeugstrasse 94 in Mannheim's Friedrichsfeld district. The 10,400 sqm of logistics space are leased on long terms. No further details were disclosed regarding seller or price. The transaction comprised a 7 ha lot including an undeveloped area south of the existing building, where IDI plans to build another 10,000 sqm, multifunctional hall for industrial and logistics firms. The company told TD that a starting date for the project has not been scheduled yet.