Stewart cognomen Ltd. issues backup insurance policy policies for a EUR 90 one thousand million commercialized portfolio achievement in Poland A fund co-advised by AEW europium and Tristan Capital Partners acquired the portfolio of quintuple w atomic number 18houses and diffusion centers from Panattoni atomic number 63 and ensample tone Investments LONDON (June 29, 2010) Stewart Title Ltd., the underwriter for UK, European, Australian and mod Zealand deportment for Stewart Information Services Corp (NYSE-STC), issued the title insurance policies for AEW Europes and Tristan Capital Partners acquisition of a portfolio of five warehouses and distribution centers dictated in Poland. As the chosen title insurance broker for AEW Europe and Tristan Capital Partners, we are extremely high-flown to view safeguarded this portfolio transaction, said Steven M. Lessack, chief executive officer, Stewart Title Ltd. Stewart Title specializes in indemnifying the guess involv ed in acquiring commercial satisfying estate so that our guests can focus on managing their enthronization portfolios with security and peace of mind. Built between 2007 and 2009, the warehouses are located across Poland, in Lodz, Poznan and Pruszkow. The warehouses are more than 170,000 whole meters feature and are multi-let to more than 18 separate tenants with carbon part occupancy.
The total amount insured in this transaction exceeded EUR 90 million. Salans Global Real Estate Group acted for AEW Europe on the acquisition. By works in cooperation with Stewart Title, Salans was able to promote our client by facilitating a large multi-property investment transaction in record t ime while simultaneously, obtaining substant! ial certificate for our reciprocal client, commented Evan Lazar, co-chairman of Salans Global Real Estate Group. Our good working alliance with title insurers such as Stewart is another expressive flair in which we can add value for our clients. To reduce luck and improve efficiency in residential and commercial imparting and re-mortgage transactions,...If you want to get a full essay, order it on our website: OrderEssay.net
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