Cromwell sells Pohorelice Industrial Park (CZ)

Cromwell sells Poho?elice Industrial Park (CZ)

Cromwell Property Group has completed the disposal of the Pohorelice Industrial Park in the Czech Republic. The asset was part of the Cromwell European Industrial Fund (CEIF) portfolio. The purchase price was not disclosed. Located in Pohorelice, a town in the south of the Czech Republic, the 44,444m² asset comprises three industrial properties split into one modern logistic building, one fully refurbished cross-dock building and one workshop together with assembly unit. With excellent transport links to Austria, Slovakia and the rest of the Czech Republic, the building is ideally suited to companies like its current occupier DHL, which require good quality logistics and distribution space.

 

Karol Pilniewicz, head of CEE at Cromwell Property Group, commented: “Pohorelice Industrial Park is a good example of an asset where we have added significant value by working very closely with the tenant, securing a long - term lease renewal, shortly prior the closing."

 

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