CBRE GI buys Warsaw logistics center for €32 million

CBRE Global Investors has acquired a 30,600-sqm distribution center in Warsaw for €32 million from a fund managed by BPH TFI. The property comprises 20,200 sqm of warehouse space and 10,400 sqm of office space. It is located in Warsaw Zone I and currently has 14 tenants. “We are very pleased with the acquisition of Ideal Idea logistic center in Warsaw. This is already the third acquisition of CBRE Global Investors in Warsaw Zone I location within the last 24 months. We are developing our business within the industrial sector and we are delighted to have secured this investment for one of our funds,” said Martin Sabelko, head of CBRE Global Investors for the CEE region.