A joint venture between Partners Group, and investment manager Peakside Capital Advisors AG, with a group of additional third-party co-investors, has acquired a portfolio of warehouse properties. The purchase price is not being disclosed. The portfolio is located in and around Warsaw and will represent approximately 150,000m² of modern logistics space once repositioned. The JV is planning to refurbish and redevelop the properties to create high-quality, efficient logistics and warehouse space with robust ESG credentials. The facilities are ideally located to serve the needs of occupiers from the e-commerce sector, which is underpinned by strong structural tailwinds. The JV aims to grow the new platform by acquiring further logistics assets for sustainable (re-)development.
Rahul Ghai, Managing Director and Co-Head Private Real Estate Europe at Partners Group, said: “We see a strong thematic investing opportunity in Polish warehouse properties, which is underpinned by the growing demand for urban logistics assets serving e-commerce that facilitate the delivery of smaller and more fragmented orders with shorter delivery times."
Lucas Krupp, Private Real Estate Europe at Partners Group, added: "We look forward to working on our value creation plan, which will focus on raising sustainability standards across the portfolio. We also continue to monitor for further investments in the logistics space across the CEE region.”
Roman Skowroński, Managing Director of Peakside Capital Advisors in Poland, said: “Some time ago, we made the decision to expand our business model in Poland, setting out to build a portfolio of warehouse and industrial properties. The acquisition of this portfolio marks our first step into the broader industrial market in Poland to complement our other activities in Europe.”
