Deutsche Industrie REIT-AG acquires three production and logistics properties for a total of approx. EUR 11,000,000 Deutsche Industrie REIT-AG has added a fully let production and logistics property in Nümbrecht (North Rhine- Westphalia) to its portfolio. The property has supra-regional connections via the A4 motorway and is located close to various relevant conurbations. In total, the production and logistics property consists of a total lettable area of around 15,000 m² and a site area of around 37,000 m². In addition to the good condition of the property and its high suitability for third-party use, the existing tenancy agreements are also worthy of mention. The property is currently used for the production of load securing equipment as well as for contract logistics in various sectors, which means that it can be used for a wide range of purposes. The annual net rent amounts to approximately TEUR 565, with a WALT of 7.4 years. The property was acquired at a purchase price of EUR 6,600,000 resulting in a gross initial yield of approximately 9%. In addition, DIR was able to expand its existing portfolio with another property in Zella-Mehlis (Thuringia), specifically the neighbouring property of the existing property in Zella-Mehlis. The acquisition was made as part of a Sale-and-Lease-Back transaction. The newly acquired production property comprises around 38,000 m² of land. The tenant has a total of around 13,000 m² of usable building space at its disposal. The property is located directly on the federal motorway 71 and provides very good supra-regional infrastructural connections. The agreed lease term is 10 years with an annual net rent of TEUR 409 and an option to extend for a further 2 x 5 years. The initial yield is 12.2% with a purchase price of EUR 3,350,000.