Leading property firm Rainier Developments has purchased 68,000 sq ft of warehouse and office space on Hurlands Close.

The facilities are let to five operators and carry a weighted unexpired average lease term of 19 years.

Triathlon’s former major shareholder, Geraer Batterie Dienst GmbH, shall retain 49% of the company.

Glafka has completed over £1.5billion of investment banking deals in the last three years and is rapidly expanding its wealth and capital management services.

The contract will have a 30 years duration with the right of extension.

Eurobank already holds a 12.59% of Hellenic Bank.

The platform will help tenants host their rentals, and help the buildings attract tenants who may want to host.

The transactions mark Hines’ strong conviction in the logistics sector focused on quality assets