Hines has acquired a modern logistics park with an area of over 30,000m² near Gdansk, Poland. The vendor is SEGRO European Logistics Partnership. The scheme consists of two high-class warehouse buildings constructed in 2013 and 2015. Tenants include Zabka Polska and to DB Schenker. The asset is located in Pruszcz Gdanski, in the vicinity of the Rusocin junction, providing direct access to the Tri-City ring road and A1 Motorway. The property is only 11 km away from the Gdansk city centre. The purchase price was not disclosed.
Sherri Schugart, Chief Executive Officer of Hines Global Income Trust commented: “Hines Global Income Trust is excited about entering the Polish logistics market, gaining access to a strategic distribution node, and expanding our Pan-European warehouse portfolio.”
“The logistics centre in Pruszcz Gdański is distinguished by its excellent location and stable tenants. I am very glad this investment marks our presence in the Tri-City logistics market,” said Wojciech Rumian, Vice President of the Management Board of Hines Polska.
“The sale of the park in Gdańsk is one of the elements of our company’s strategy focusing on major warehouse markets in Poland. We are confident that Hines has made a prudent investment purchase,” said Bozena Krawczyk, Investment Director for Central Europe at SEGRO.
