Panattoni/Standard Life sell five Polish projects for €91m

Who said the transaction market was dead? Panattoni Europe and Standard Life Investments have sold five projects in Poland, totalling 170,000 sqm of industrial space, to European Property Investors Special Opportunities, a fund co-advised by AEW Europe and Tristan Capital Partners. The transaction value is €91m. The schemes  are located in Łódź, Pruszków and Poznań – all fully let to a tenant mix of 18 logistics, light production and FMCG companies. The projects were developed in 2007-2008 .

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