Hines Global Income Trust Acquires Logistics Asset in Wakefield From AEW UK Core Property Fund
(WorldNews Greece)

(LONDON) - Hines, the international real estate firm, and AEW UK Investment Management are pleased to announce that Hines Glob­al Income Trust, Inc. (`Hines Glob­al`) has acquired a UK logistics asset at Wakefield 41 Industrial Park from AEW UK Core Property Fund (`AEW Core`) for £20.635 million, adding to its growing European logistics portfolio. Located in Wakefield, West Yorkshire, the 207,115-square-foot facility is occupied by warehousing and logistics operator Integrated Third Party Logistics Ltd (ITPL) pursuant to a lease with ten years remaining. The property provides warehousing services for Coca-Cola`s largest European manufacturing plant, which is adjacent to the asset. The...