Real estate Warehouse & logistics
Partners Group and Peakside acquire 150,000 sqm logistics opportunity in Warsaw
22:29
A joint venture between Partners Group, a leading global private markets firm, acting on behalf of its clients, and investment manager Peakside Capital Advisors with a group of additional third-party co-investors has acquired a portfolio of warehouse properties. The purchase price is not being disclosed.
The portfolio is located in and around Warsaw and will represent approx. 150,000 sqm of modern logistics space once repositioned. The JV is planning to refurbish and redevelop the properties to create high-quality, efficient logistics and warehouse space with robust ESG credentials. The facilities are ideally located to serve the needs of occupiers from the e-commerce sector, which is underpinned by strong structural tailwinds.
“We see a strong thematic investing opportunity in Polish warehouse properties, which is underpinned by the growing demand for urban logistics assets serving e-commerce that facilitate the delivery of smaller and more fragmented orders with shorter delivery times," Rahul Ghai, Managing Director, and Co-Head Private Real Estate Europe at Partners Group, said.
“Some time ago, we decided to expand our business model in Poland, setting out to build a portfolio of warehouse and industrial properties. The acquisition of this portfolio marks our first step into the broader industrial market in Poland to complement our other activities in Europe,” Roman Skowroński, Managing Director of Peakside Capital Advisors in Poland, added.
(WBJ)