Arrow acquires logistic entity from M7

Arrow Capital Partners, a company investing and managing real estate in Europe and the Asia-Pacific region, has acquired the highest class entity in the field of urban logistics in Warsaw, Airport House, for the needs of its European platform strategic industrial real estate (SNP Platform) worth $3 billion. This entity was sold by M7 Real Estate, a pan-European investor and asset manager, on behalf of PVBRI, an investment tool created by M7 and one of the Polish banks to stabilize and revitalize the portfolio affected by financial difficulties of investments in industrial, office and commercial facilities.

The property with an area of 8,610 sqm, whose weighted average expired rental period is 5.8 years, is located nearby Warsaw Chopin Airport.

Since its launch last year, SNP has invested over €300 million in acquisitions in Great Britain, Germany, Spain, the Netherlands and now also Poland. In addition, the company is actively looking for investments in Ireland and Nordic countries, Italy and Portugal, as well as in Poland. It has capital of over €200 million for investment in real estate from the area of light industry and urban logistics in Poland in the next 24 months.

"The acquisition of Airport House is the first of many such transactions of the SNP Platform on the Polish market. This entity boasts an excellent location near the airport Chopin and prestigious tenants, is a continuation of our investments on the European urban logistics market," Katherine Parker, Partner at Arrow Capital Partners, said.

(WBJ)