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2/26/08

Fox Business: ThreadGreen Industrial Limited Acquires a Commercial Real Estate Asset Located in Linden, Germany, for EUR 11.4 Million

For the complete report from foxbusiness click on this link

ThreadGreen Industrial Limited Acquires a Commercial Real Estate Asset Located in Linden, Germany, for EUR 11.4 Million

ThreadGreen Partners LLP announces the acquisition of a general purpose warehouse and distribution facility (the "Facility") located in Linden, Germany by ThreadGreen Industrial Limited. The asset is subject to a new 10-year lease agreement to COS Distribution GmbH. The property, with overall usable area totaling approximately 16,025 squared metres of warehouse and distribution space, was sold for EUR 11.4 Million to the Guernsey-based fund.

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