German property investors Harder and Partners have bought pharmaceuticals firm Pfizer's premises in Karlsruhe for an undisclosed amount as part of a sale-and-leaseback deal which includes 200,000 m[sup]2[/sup] of industrial space and 90,000 m[sup]2[/sup] of derelict land. Pfizer will lease back the buildings and distribution space for an unspecified period.
German property investors Harder and Partners have bought pharmaceuticals firm Pfizer's premises in Karlsruhe for an undisclosed amount as part of a sale-and-leaseback deal which includes 200,000 m2 of industrial space and 90,000 m2 of derelict land. Pfizer will lease back the buildings and distribution space for an unspecified period.
The Pfizer site is located in the Hagsfeld industrial area of Karlsruhe.
