Deutsche AM acquires two logistics facilities in Australia from Propertylink for $56m

Deutsche AM acquires two logistics facilities in Australia from Propertylink for $56m

REUTERS/Kai Pfaffenbach

Deutsche Asset Management (Deutsche AM) on Monday announced the acquisition of two logistics facilities from Propertylink, a listed Australian real estate investment trust, in an off market transaction on behalf of a German institutional client for $56.07 million (AUD 73.1 million).

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