Valad and Aviva Investors lease 37,000 sqm of warehouse space

Valad Property Group and Aviva Investors’ Central Europe Industrial Fund, the owner of several industrial and logistics estates in the Czech Republic, have let 37,200 sqm of warehouse, office, retail and associated handling space to Fast, a supplier of white goods and other electrical products in Central Europe. The firm has taken a new five-year lease of its existing 25,300-sqm premises and an additional 11,900 sqm of logistics space at Ricany Trading Estate in Ricany u Prahy. Aviva Investors is the fund manager of CEIF and Valad is the asset manager to the fund.