Global asset manager Macquarie Asset Management, on behalf of its European Logistics Real Estate Fund, has acquired a logistics and warehouse facility under development near Warsaw.
The seller is Logistic Property Investment, owned by Poland’s Zabka Group and managed by Zabka Property Fund.
According to Macquarie, the 60,000 m2 development will be one of the most technically advanced distribution centres in Europe and carbon-neutral when completed later this year.
Strategically located in the Radzymin logistics hub on the S8 expressway, the warehouse is fully leased to Poland’s largest convenience store operator Zabka, servicing over 3,500 of its 8,200 stores.
Christian Goebel, co-head of Macquarie Asset Management’s core/core-plus real estate strategy, said: ‘Poland’s growing standard of life and favourable location in central Europe support strong logistics demand from domestic and international companies. We are delighted to expand our real estate logistics footprint in this important market and to partner with Zabka as a high-quality, long-term tenant.’
Andrzej Potyra, head of Zabka Property Fund, added: ‘We are proud to have developed this project alongside 7R which is set to be the most technically advanced in Zabka’s distribution chain. This forward funding deal is an example of cooperation at its best between investor, tenant and developer.’
The facility is targeting an ‘Excellent’ rating under the BREEAM sustainable building certification scheme.
Rooftop solar panels and a biogas energy installation will help reduce energy costs, while modern cooling, freezing and water recycling systems will ensure resource efficiency.
