Europa buys first property in Ukraine for $25m

Europa Capital has announced that its Europa Emerging Europe Fund has acquired a 23,850 m[sup]2[/sup] warehouse in the Kiev region for $25mln (EUR 16mln) from Ukrainian developer Aladdin Group. The asset, Logistic Park East I, is located 15 km northeast of the city centre. Europa said it is fully let to a single tenant, UVK - one of the largest logistics companies in Ukraine and a subsidiary of the Fozzy Group, a leading supermarket group in Ukraine.

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