Panattoni has finalised the sale of a logistics park in western Poland. The purchaser is Arete Investment Group, a pan-European company specialising in asset management.
"The transaction, finalised within two months from its start, serves as the best proof of our assets’ attractiveness and of the investors’ awareness of entering into the next phase of the cycle. Investor’s appetite for top-quality assets is growing rapidly in response to decreasing cost of finance,” stated Michal Stanislawski, the Head of Asset Dispositions at Panattoni.
Thanks to its location in western Poland, the park provides access to millions of consumers both in the country and in western markets. It is fully commercialized, with one of the leading logistics operators running its distribution centre there.
The facility combines high functionality with ecological solutions. The centre has a BREEAM certificate with a rating of Excellent to confirm its high energy efficiency and its low carbon dioxide emissions. The park includes advanced energy management systems, LED lighting and systems to limit water usage and thus meets the needs of tenants looking for logistics space that is both sustainable and modern.
“This disposal marks another success for the company in the Polish industrial real estate market, confirming increasing investor interest in properties that offer not only prime locations and excellent operational characteristics for the tenants but also modern and eco-friendly solutions supporting growth strategies. Panattoni consistently delivers such assets,” said Michal Stanislawski.
Written by Leon Goldwater for Europe Real Estate.
Image provided by Panattoni.
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