Savills buys the A2 Warsaw Park warehouse project from Invesco Real Estate

Savills Investment Management, on behalf of Savills IM European Logistics Fund 3, has acquired the A2 Warsaw Park warehouse project from Invesco Real Estate. It is the largest transaction in the history of the ELF3 fund in Europe and one of the largest warehouse acquisitions of Savills IM in Poland.

The value of the purchase transaction for the facility with an area of ​​over 106,000 sqm amounted to €112.5 million. Thanks to the acquisition of A2 Warsaw Park, the value of assets managed by Savills Investment Management in Poland exceeded €1.6 billion.

"We are glad that this unique facility is joining our portfolio, especially as it has aroused the interest of many investors. A2 Warsaw Park fits well with the fund's strategy based on investing in modern and multi-functional logistics facilities in key European markets characterized by high liquidity, above-average growth potential, long-term revenue, and ESG potential," Piotr Trzciński, Head of Investment Poland at Savills Investment Management, commented.

During the transaction, Savills IM was advised by the following companies: Wolf Theiss, JLL, KPMG, and BNP Paribas. The sellers were represented by: Greenberg Traurig, EY, CBRE, and AFM.

(WBJ)