Publications

- February 1, 2012: Vol. 6, Number 2

To read this full article you need to be subscribed to Institutional Real Estate Europe

Standard Life JV Sells CEE Warehouses

by

Standard Life Investments has sold two logistics parks in central Europe to NBGi Private Equity Fund for €42.9 million. The projects, D5 Logistics Park in the Czech Republic and Toru´n Logistics Park in Poland, were developed by Standard Life in a joint venture with Panattoni Europe.

The 62,500-square-metre D5 Logistics Park is located near Srˇíbro; tenants include Lear Corp, Leoni Neumatic and ASSA Abloy. The 30,300-square-metre Toru´n Logistics Park is a class A warehouse located in Toru´n let 100 percent to Cereal Partners Poland, a joint venture between Nestlé and General Mills.

 

Forgot your username or password?