BNP Paribas acquires the second largest e-commerce centre in Europe

BNP Paribas acquires the second largest e-commerce centre in Europe

BNP Paribas REIM, acting on behalf of Vestas Investment Management, has acquired the second largest and most advanced e-commerce centre in Europe. It is the first acquisition of Vestas European Logistic Fund that aims to invest further €250m in European Logistics asset by the year-end. The purchase price has not been disclosed.

 

Located in Poland near Szczecin, the building was delivered in September 2017 by Panattoni Europe. The property compromises 161,500m² over three floors and features over 3,000 robots have been put in place to support the employees. 

 
Xavier Mouette, Head of Key Client Group of BNP Paribas REIM, comments: “This transaction is another success of our new setup supporting our clients in their European investment strategy. After having also successfully contributed to the acquisition of So Ouest Plaza last year in Paris, we are currently working on other transactions on behalf of international clients. Our aim is to further grow this activity in the years to come to reinforce our strong position in the separate mandate business.”

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