The property stands in close proximity to Manhattan, Brooklyn and Queens, providing direct, rapid access to more than 13.5 million people.
The Company participates with a 20% stake in the SPV, with ORILINA PROPERTIES holding the remaining 80%.
Operations in the facilities of the historic industry has been ceased in 1991 and now are expected to be revived.
Panattoni, will be responsible for delivering the scheme with Warehouse REIT funding and retaining the completed scheme.
The facilities were part of the 3PL Operator 30.000 sq.m. logistics center in the Kyiev Oblast area and were housing our stock for the local market.
The core occupiers are Continental Automotive, Boels and Mapei.
In order to eliminate the risk of violent interruption of product distribution chains and to create additional durability.