The Swiss investor has already notified Poland’s competition authority of its intention to take over the Central European Industrial Fund (CEIF), which is controlled by Valad Europe and Aviva Investors, reports Economica.net. CEIF owns properties in Poland, Hungary, Czech Republic, and Romania.

 

Valad Europe has three logistic properties in Romania, with a total leasable space of 116,000 sqm, located in the A1 Business Park, A1 Business Park Gamma, and Domnesti Business Park. This makes it the fourth largest owner of logistic and industrial space in Romania.

 

The logistic and industrial segment has been this year’s star in the local real estate market, as several big transactions have taken place. The most recent deal was American investment fund Blackstone’s takeover of Austrian group Immofinanz’ logistic parks. (source: Romania-insider.com)