AFP to buy five Panattoni schemes for €42 mln

South African investment fund AFP purchased 5 logistic centers from Panattoni for €41.9 million. “The deal on the Polish market is complementary to our strategy of investing in real estate with a long lease period, strategic for large, international and regional companies,” AFP President Michael Georgiou said.

The acquired properties include STS Acoustic production/warehouse hall in Międzyrzecze, Kongsberg factories in Koluszki and Brześć Kujawski, Benteler plant in Września, and Sanden industrial facility in Polkowice. The assets have 55k sqm of space combined with the lease agreement for the next 12—16 years secured.

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