Macquarie Asset Management has acquired the final asset in a €190m logistics real estate portfolio in Poland on behalf of Bayerische Versorgungskammer (BVK), Germany’s largest pension fund. The 276,000m² portfolio is comprised of 12 modern logistics facilities at the Hillwood Marki, 7R Park Kokotow, and 7R Park Tczew logistics parks in Warsaw, Krakow, and Tricity. The portfolio was acquired in several stages from 2019 with the acquisition of its final asset, the 21,500m² Building C at the Hillwood Marki Logistics Park, closing this month. Macquarie Asset Management acquired the portfolio from Hillwood and 7R. The prime logistics properties were developed between 2017 and 2020 and are 100% leased to e-commerce, light production, and third-party logistics businesses.
Dana Gibson, Chief Investment Officer and Co-Head of Macquarie Asset Management’s Real Estate team in Europe, said: “Prime logistics facilities in strategic locations across Central Europe are in high demand as the growth of the digital economy continues to accelerate. The acquisition of this portfolio represents an opportunity for our client BVK to capitalise on these structural trends by gaining exposure to high-quality assets in core logistics locations.”
