Deutsche Industrie REIT-AG acquired a Production Complex in Gevelsberg within a Sale-and-Lease-Back. DIR was able to acquire a further property in Gevelsberg (North Rhine-Westphalia) - approximately 18 km northeast of Wuppertal. The transaction was carried out in a Sale-and-Lease-Back arrangement with two well-known screw manufacturers of high local relevance. The two companies are among the largest employers in the region and have a strong credit rating. The approximately 32,405 sq.m production complex has a site area of around 60,368 sqm and is conveniently located on Kölner Straße in Gevelsberg, which has excellent supra-regional connections to the A1 motorway in the Ruhr area. The buildings are in good maintenance condition.