SINGAPORE (Oct 11): Frasers Centrepoint is acquiring two warehouses in Germany for €42.4 million ($67.83 million).

FCL, through Frasers Property Investments (Europe) B.V. and its subsidiaries, will acquire a 94.8% stake in Logipark Moosthenning and H Jager Ges fur Projektentwicklung von Immobilien and a 100% stake in Simblafis.

The entities hold the freehold interest in two warehouses located in Bavaria and a photovoltaic system located on the roof of one of the warehouses.

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