Clarion Partners Europe has invested €59m to acquire two logistics properties in Poland on behalf of one of its funds.
The real estate investment fund manager said it has acquired the 78,486sqm portfolio near Gdansk, but did not identify which fund had made the purchase.
The adjacent properties in Pruszcz Gdánski, completed between 2021 and 2022, are fully let.
Thorben Schaefer, managing director at Clarion Partners Europe, said: “This is a best-in-class property in a highly-sought-after distribution location, generating strong day-one income.
“The Polish market is performing well, and we would look to add to our portfolio there going forward.”
Rory Buck, managing director and head of European investments at Clarion Partners Europe, said: “Driven by both investor and occupier sentiment, the bifurcation between grade-A, highly-sustainable space and everything else is becoming more pronounced.
“Our portfolio remains firmly on the right side of the divide, and this latest purchase fully aligns with our highly targeted investment strategy.”
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