Reuters UK – DEGI, a fund management unit of Aberdeen Property Investors, has bought one of Warsaw’s biggest business parks for 167 million euros (135 million pounds) in a bid to boost its exposure to Poland’s fast-growing economy.
The 43,700 square metre Marynarska Business Park was bought from developer Ghelamco on behalf of investors in DEGI’s open-ended international property mutual fund.
The newly built property is 99 percent let to Polish and international tenants specialising in the services sector, DEGI said in a statement. Yield details were not disclosed.
