A fund managed by CBRE Global Investors has bought the Ideal Idea logistic and office business park located in Warsaw for €32 mln.
A fund managed by CBRE Global Investors has bought the Ideal Idea logistic and office business park located in Warsaw for €32 mln.
The vendor is an investment fund managed by BPH Towarzystwo Funduszy Inwestycyjnych (BPH TFI).
The property is located in Zone I of Warsaw’s logistic market and comprises 20,200 m2 of warehouse space and 10,400 m2 of office space. There are 14 tenants in the centre, including Solid Group, Wincor-Nixdorf and Baltona.
Commenting on the acquisition, Martin Sabelko, head of Central Eastern Europe, CBRE Global Investors said: 'This is already the third acquisition of CBRE Global Investors in Warsaw Zone I location within the last 24 months. We are developing our business within the industrial sector and we are delighted to have secured this investment for one of our funds.'
Linklaters, CBRE Building Consultancy and EY advised CBRE Global Investors. DTZ and Jara & Partners advise BPH TFI SA.
