Clarion Partners Europe, a leading real estate investment fund manager, has acquired two Grade-A logistics properties near Gdansk, Poland, on behalf of one of its co-mingled funds. The assets, totalling 78,486 m², were acquired for approximately €59m (PLN equivalent).
Developed in 2021 and 2022, the adjacent properties are fully leased to five tenants, with LPP, one of Central and Eastern Europe’s largest publicly listed fashion retailers, serving as the anchor tenant. Strategically located in Pruszcz Gdański, the properties benefit from high demand in the expanding Tricity metropolitan area.
Situated just outside Gdansk, the site offers excellent connectivity, with immediate access to the S6/S7 ring road, enabling efficient distribution to a population of around 2.9 million people within a 100-kilometre radius. Additionally, the logistics hub is well-connected to European transport networks via the nearby E75/A1 motorway and the Port of Gdansk—Europe’s ninth-largest port by annual cargo volume and the second-largest in the Baltic Sea region, just 30 minutes away.
Thorben Schaefer, Managing Director at Clarion Partners Europe, stated: “This is a best-in-class property in a highly sought-after distribution location, generating strong day-one income. The Polish market is performing well, and we would look to add to our portfolio there going forward.”
Rory Buck, Managing Director and Head of European Investments at Clarion Partners Europe, added: “Driven by both investor and occupier sentiment, the bifurcation between Grade-A, highly sustainable space and everything else is becoming more pronounced. Our portfolio remains firmly on the right side of the divide, and this latest purchase fully aligns with our highly targeted investment strategy.”
Clarion Partners Europe received advisory support from Linklaters (legal), CBRE (technical, environmental, and ESG), and Savills.
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