NBGI Snaps Up 4 Eastern European Properties For $99M

Law360, New York (December 12, 2011, 3:53 PM EST) -- NBGI Private Equity Ltd., part of the National Bank of Greece, has expanded its Eastern Europe portfolio with the purchase of three industrial properties in Poland and one in the Czech Republic for $99 million, it said Monday.

London-based NBGI, which has €900 million ($1.2 billion) under management, said the four logistics and warehousing properties are all recently built and quality constructed — Class A in real estate parlance —  and are leased by well-known corporate clients.

"In contrast to economic uncertainty in much of Europe, Poland...
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