WP Carey has acquired a 150,000sqm logistics portfolio in Poland in a €169m sale and leaseback with Raben Group.
The NYSE-listed net lease real estate investment trust said the transaction was finalised in two tranches, with seven properties closing in January and the final asset in February.
The portfolio features a core logistics campus of four assets in Poznań, alongside four warehouse and cross-dock facilities located across Poland.
Christopher Mertlitz, head of European investments at WP Carey, said: “We’re pleased to further expand our footprint in Poland, a market where we continue to see compelling investment opportunities.
“This portfolio was particularly attractive, as it represents an essential component of Poland’s logistics infrastructure, with assets that are strategically located, technologically advanced and integral to the tenant’s distribution network. We welcome Raben as our newest tenant and look forward to working with them.”
Marek Zychla, head of real estate at Raben Group, said: “We’re proud that our properties are recognised by top global investors as high-quality assets. The capital generated through this sale‑leaseback supports our long‑term growth ambitions, including investments that strengthen the foundation of the group and support our further development in Europe.”
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