Gramercy has bought three logistics assets in Poland and the Netherlands for around €60m.
The fund manager’s Gramercy Europe arm has bought the 99,364sqm Raben logistics centres in Strykow and Piaseczno in Poland and the 26,379sqm Van den Heuvel Logistiek centre in Uden in the Netherlands.
Alistair Calvert, managing director and head of investment at Gramercy Europe, said the deals were part of the company’s plan to build a pan-European portfolio of industrial, office, retail and special-purpose assets with medium or long-term leases to “highly durable or investment-grade tenants”.
The company, he said, completed €220m of acquisitions in the second half of 2015.
Gramercy Europe typically buys single-tenant property through sale-and-leaseback transactions, build-to-suit development deals and existing, long-term leases.