Arcapita buys European logistics developer
Bahrain: Wednesday, May 07 - 2008 at 08:22
Bahrain-based investment firm Arcapita Bank has acquired Pinnacle Real Estate, a developer and operator of logistics warehouses in Central and Eastern Europe, the company said in a statement. The transaction includes an existing portfolio of leased warehouses of approximately 230,000 square meters, as well as a land bank of nearly 1.5 million square meters for future development.
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Jeff Florian, Senior ReporterWednesday, May 07 - 2008 at 08:22 UAE local time (GMT+4)
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