Blackstone - acquisition of prime logistics assets totaling 200,000 sq m in Poland and the Czech Republic from Pramerica Real Estate Investors

Award:

Outstanding Business Achievement of the Year, CEE

Name of Achievement:


Blackstone - acquisition of prime logistics assets totaling 200,000 sq m in Poland and the Czech Republic from Pramerica Real Estate Investors

Achiever (company name):

Cushman & Wakefield

Information about the achievement, describing the context of the achievement and it’s results or impact:










Logicor, Blackstone’s European logistics platform and a leading operator of modern facilities, acquired a portfolio of six prime logistics assets totaling 200,000 sq m in Poland and the Czech Republic from Pramerica Real Estate Investors. Cushman & Wakefield represented the buyer. The assets were: Panattoni Park Czeladź, Panattoni Park Krakow, Panattoni Park Gliwice, Panattoni Park Błonie, Stolica Business Centre Łazy and Panattoni Park Prague Airport. The assets were integrated into Blackstone's European logistics platform. This transaction enables Logicor to further increase their operating efficiency, widen customer relations as well as provides Logicor with a strong basis for further growth within the CE region. This was the largest logistics portfolio to close in CE in 2014, providing evidence that Polish and Czech industrial real estate continues to be a highly desired asset class.

Company website: http://www.cushmanwakefield.pl/


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