Ideal Idea office and warehouse halls have another owner

Ideal Idea Park
Ideal Idea Park
CBRE Global Investors and BPH FIZ fund of Real Estate Sector 2 concluded a sales agreement considering logistic properties known as Ideal Idea Park at Działkowa Street in Warsaw.

The logistic complex, which is the subject of the transaction owned by three special-purpose partnerships of the Fund, is composed of 4 modern warehouse and office structures realized in small business units conception. They offer jointly over 30 000 sq. m of usable area.

 

The sales of the complex is the realization of the adopted strategy for BPH FIZ Real Estate Sector 2, which envisages disposal of properties owned by the Fund and then – its liquidation.

 

Properties which are owned by our Fund were the object of interest of many investors who were looking for possibilities to purchase high quality properties – says Aleksander Mokrzycki, vice-chairman in BPH TFI SA, which manages the Fund. The transaction confirms that the strong demand for warehouse properties in Poland is still holding concerning many investors, also the global ones – adds.

 

DTZ real estate agency and Jara and Partners legal office were representing the seller in the transaction. The buyer, that is the fund managed by CBRE Global Investors, was supported by Linklaters legal office.


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