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Exeter Property takes over Sosnowiec park

Eurobuild CEE 09 September 2019
POLAND Biuro Inwestycji Kapitałowych (BIK) has sold Śląskie Centrum Logistyczne in Sosnowiec to Exeter Property Group for was EUR 15.2 mln net.

The preliminary purchase agreement was signed in April when BIK also agreed to sell Centrum Logistycznego Kraków II and now the right of perpetual usufruct to the land on ul. Orląt Lwowskich as well as the ownership of the three buildings has been transferred. BIK intends to designate the proceeds to developing new retail and logistics projects.

Exeter Property Group is an investment fund manager based in Philadelphia.

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