M7 CEREF II acquires last mile industrial asset near Poznan

M7 Real Estate (M7), a pan-European investor and asset manager specialising in multi- tenanted properties, has acquired a last mile, multi-let industrial scheme near Poznan, on behalf of M7 CEREF II.

This purchase is aligned with the Fund’s strategy of targeting value-add and core plus logistics, industrial and office investments in the key Central European markets of Poland, Hungary and Croatia.

The asset, which comprises a total of c20,000 sq m of warehouse and ancillary office space, is 99 per cent let to a diverse mix of local occupiers. It is located in an established industrial zone 3km east of Poznan city centre.

Katarzyna Parkot, Managing Director, Poland at M7, says: “Despite strong investor demand across the European warehouse market, we are really pleased to have completed this acquisition, leveraging our expert local knowledge to identify this high quality value-add opportunity.”

Source

Our privacy policy
%d bloggers like this: