Real Management sells Good Point Puławska

Real Management has sold the Good Point Puławska logistics center to the Luxembourg-based PBW II investment fund, managed by the AEW Europe group, for a reported sum of zł.100 million.

Good Point Puławska is a high-standard storage facility located along the 79 motorway, 15 km outside of Warsaw. The complex offers some 43,000 sqm of storage space and 1,500 sqm of office space. Over 70 percent of the available space has been leased out, though the facility is not due to be completed until the end of the first quarter of this year. Tenants will include firms such as Rohlig and Cursor. Apart from its advantageous location, the center offers flexible arrangement solutions, making it easily adaptable to the tenants' needs.

The complex is the third project realized by Real Management in Poland after the Antares office building in Warsaw and the Rezydencje Chojnów complex of homes in Konstancin. The firm is currently developing the Rezydencja Pałacowa complex in Wilanów and has announced that it will make further investments in the logistics sector.

"In the highly competitive real estate market it's not the quantity but the quality of our projects that's of key importance to our firm," said Jerzy Motz, president of the board at Real Management. Thanks to our wide knowledge of our clients' needs we can create projects that can meet their expectations and demands."

Real Management is based in Warsaw and has been active in Poland since 2002.

AEW Europe, owned by Natixis Global Asset Management, is a leading fund operator and property asset manager. The company's global reach has allowed it to build up a portfolio estimated to be worth over E30 (zł.110) billion. Its PBW II fund holds assets worth over E1.1 (zł.4) billion in Europe and is planning investments worth over E500 (zł.1.8) million over the next few months in Eastern Europe alone.