Hansainvest Real Assets has purchased two logistics properties in Poland on behalf of the Hansa Europe Logistic Fund (HELF).
Developed by Panattoni, the properties were built in 2021 and are located in the established logistics markets of Poznan and Wroclaw in western Poland. Financial details were not disclosed.
The two fully-let assets provide a total area of 43,700 m2. The main tenants in Poznan are the international parcel service DPD, the consumer goods group Brandline and the food wholesaler Agart Pro. A total of 1,600 m2 of the space is used for office purposes, while the rest is classic logistics space. The Wroclaw property is leased to Mask Authority, the Polish market leader for the manufacture of face masks, and Selsey, a furniture specialist. The logistics space is complemented by around 1,900 m² of office space.
'Investor appetite for logistics and industrial assets has increased significantly in the era of the pandemic as they have proved resilient to the economic turmoil and lockdowns caused by Covid-19. They have thus become an important part of the investment market and an increasingly important component of investors' portfolios. Awareness of the good prospects offered by the industry and the logistics services sector, including the rapidly growing e-commerce sector, in turn, translates into an expected good rate of return on investment,' commented Robert Dobrzycki, CEO Panattoni.
'Two state-of-the-art multi-tenant properties with good third-party usability at two top logistics locations in western Poland's transport hubs – the two properties ideally suit the acquisition profile of our fund. Thanks to this purchase we are specifically enhancing the diversification of our portfolio and once again making use of our in-house logistics expertise,' said Nicholas Brinckmann, the chairman of the management board of Hansainvest Real Assets.
MFC Real Estate acted as advisor to the buyer.
