Linklaters has advised KKCG Group company Vestinlog on the sale of its Polish industrial portfolio to Jet Investment’s subsidiary, Jet Industrial Properties Poland.
According to the firm, the sold portfolio comprises five industrial assets with a total area of over 52,000 square meters located in Miedzyrzecz, Polkowice, Koluszki, Wrzesnia, and Brzesc Kujawski. The properties were constructed between 2016 and 2017.
KKCG is an international investment group managing over EUR 6 billion in book value of assets and employing about 6,000 employees. Vestinlog is a Czech private investment group.
Founded in 1997, Jet Investment is a Czech-based private equity investment company, specializing in medium-sized industrial and manufacturing enterprises.
"I am happy that our business plans met the interests of Jet Industrial Leasing, and that we could agree on a beneficial transaction for both parties," KKCG Real Estate CEO Petr Pujman commented. "We will continue to look for investment opportunities in the field of industrial real estate in the future."
The Linklaters team was led by Of Counsel Adriana Andrzejewska and included Senior Associates Ewa Sinkiewicz and Maciej Checinski, Associates Mateusz Korecki and Samanta Wenda-Uszynska, and Junior Associate Joanna Roman.
Linklaters was unable to disclose further information on the deal.
