London & Cambridge Properties enters Polish market (UK/PL)

London & Cambridge Properties have entered the Polish market for the first time. The British investor has bought a retail warehouse unit in Janki outside Warsaw for €6.3 million.

The property is currently being leased to electrical appliance retailer Saturn, and was bought from Max Media.

LCP own property in the UK valued at over €1.3 billion. They are planning to spend upwards of €100 million on shopping and distribution warehouses in the region in the next 12 months.

King Sturge acted as LCP's agents for this transaction.

Source: Eurobuild

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