by Property Forum | Investment

Aberdeen Standard European Logistics Income PLC has acquired a logistics warehouse in Kraków from global real estate developers Panattoni Development Co and Marvipol SA.


The value of the transaction, which was completed in early March 2019, is estimated at €24.5 million.
 
The warehouse provides 31,000 square meters of warehousing and 4,000 square meters of office space.
 
CMS Warsaw advised Aberdeen Standard European Logistics Income PLC on the acquisition. The CMS team was led by Partner Katarzyna Debinska-Pietrzyk and includes Associates Pawel Czyzewski and Jagoda Guzik.