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Announced

Blackbrook to acquire class A logistics facility in Poland from Real Estate Partners.

Synopsis

Blackbrook, a European independent real estate investment firm, agreed to acquire class A logistics facility in Poland from Real Estate Partners, an international real estate fund manager. Financial terms are not disclosed. “This asset represents a strategic facility in the tenant’s European distribution network. Situated in close proximity to the German border, the facility services a massive regional area, including Berlin, and has a large workforce on its doorstep. The asset matched our investment criteria closely – a tenant with strong credit rating, a mission-critical site, attractive real estate fundamentals, a long-term lease and located in an established European logistics market we know and understand well," Arvi Luoma, Blackbrook Co-Founder & CEO.

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