CBRE has said it advised vendors Panattoni Europe and Pramerica on their sale of Panattoni Park Ozarow and Panattoni Park Pruszkow to RREEF Real Estate for EUR 54 mln in October.
CBRE has said it advised vendors Panattoni Europe and Pramerica on their sale of Panattoni Park Ozarow and Panattoni Park Pruszkow to RREEF Real Estate for EUR 54 mln in October.
The properties, comprising four prime logistics buildings totalling 81,330 m2, are located on the western outskirts of Warsaw.
Sean Doyle, associate director of capital markets at CBRE Poland, said: 'With the huge development of infrastructure across the country in the form of newly constructed motorways and express roads, the Polish market is reaping the benefits of its excellent geographical location. Poland is perfectly positioned to act as a distribution hub for international companies shipping their goods to the growing economies of Central and Eastern Europe and beyond, as well as servicing the large domestic demand.'
