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Elite Partners acquires Poland warehouse for more than 30m euros from GIC unit

Vivienne Tay
Published Mon, Aug 31, 2020 · 09:50 PM

    Singapore

    A FUND of private equity firm Elite Partners Capital has acquired a warehouse in Mszczonow, Poland for more than 30 million euros (S$48.6 million) from P3 Logistics Park, a wholly-owned subsidiary of Singapore sovereign wealth fund GIC.

    The 58,500 square-metre (sq m) facility is the largest warehouse in PepsiCo Poland's distribution network, Singapore-based Elite Partners said in a statement on Monday.

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