Cushman & Wakefield has been appointed by Logicor to manage a portfolio totalling more than 1.7 million square metres of logistics real estate across dozens of sites in Central & Eastern Europe (CEE).
The expansion of Romanian retailer Profi Rom Food SRL site in Ploieşti, Romania is at an advanced stage. The extension construction project is due to complete by September 2018.
Real estate funds managed by Blackstone have agreed to sell their pan European logistics company, Logicor, to affiliates of China Investment Corporation (CIC) for €12.25 billion. Logicor owns and operates a portfolio of high-quality logistics assets totalling 147 million square feet, in 17 countries with over 70% concentrated in the UK, Germany, France and Southern Europe.
Aluplast sp. z o.o., a supplier of PVC window systems, has signed a lease for 10,000 sqm of warehouse and manufacturing space at the Logicor Poznań III distribution centre. Cushman & Wakefield represented the tenant in the lease negotiations.
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