AIB Capital Markets has put a EUR 500 mln property portfolio in Central and Eastern Europe up for sale, sources close to the sale process told PropertyEU during the Expo Real property fair. The portfolio, which is held by AIB’s Polonia Fund, comprises five office buildings in Warsaw, one in Krakow, one in Poznan (Poland), two office properties in Budapest, Hungary, and two distribution facilities in Lodz, Poland. AIB is said to have hired JLL for the sale. Due to the large size of the portfolio, the broker is understood to be trying to sell the assets on an individual basis.
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