Panattoni has sold City Logistics Wrocław II to Trigea nemovitostní fond. The asset is the second city logistics investment in Poland in Trigea’s portfolio. The distribution park comprises two class A warehouse buildings totalling above 38,000m². City Logistics Wrocław II is 100% let. The asset features energy-saving and environment-friendly solutions, compliant with the requirements of BREEAM “Very Good” certification. The terms of transaction were not disclosed.
“After acquisition of Panattoni park in Gdynia, Wroclaw was a logical step to expand our presence in city logistics. We strongly believe that this type of assets will help to create significant value for our shareholders in a long run,” said Tomas Trcka, Chariman of the board at Trigea.
"Panattoni has already delivered approximately 400,000m² in urban developments. Locations close to the end customer provide an excellent platform for last-mile logistics. Urban facilities work well not only for standard operations, but also for companies which move their showrooms, laboratories, R&D or accounting departments, and even their headquarters to them. Modern space attracts tenants from dozens of industries, so the portfolio within the City Logistics segment will grow all the time, becoming an attractive asset for investors," commented Damian Stezycki, Head of Capital Markets Poland at Panattoni.