Published at: 2012-01-01 12:00 | Author: CIJ Ukraine
Europa Capital announces that its Europa Emerging Europe Fund has acquired Logistic Park East I, a 23,856 sqm (256,784 sqft) warehouse for USD 25 million from Ukrainian developer Aladdin Group.
The warehouse is in the Kiev region, 15 km northeast of the city centre and close to major transportation routes, including the main Kiev-Moscow highway. The warehouse is fully let to a single tenant, UVK – one of the largest logistics companies in Ukraine, and a subsidiary of the Fozzy Group, one of Ukraines largest supermarket companies. Tim Norman, Chief Executive of Europa Capital emergin Europe was enthusiastic about the deal. Despite todays difficult market conditions, this deal demo...

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