2024-12-20
logistics
INVESTIKA Real Estate Fund has acquired a portfolio of five logistics parks in Poland from developer 7R. The transaction, completed in partnership with BUD Holdings SA, is valued at over €150 million, making it the largest logistics property investment in Poland this year and the second largest in Central Europe in 2024. The newly acquired 212,500 sqm portfolio includes high-quality logistics properties across Poland, nearly fully leased to tenants from the production, logistics, retail, and e-commerce sectors. The properties are: • 7R Park Bydgoszcz I – North-west Poland • 7R City Park Gdańsk Airport I – Northern Poland • 7R City Flex Kraków Airport I – Southern Poland • 7R Park Kielce – Southern Poland • 7R City Park Poznań West – Western Poland This acquisition increases INVESTIKA’s Polish real estate holdings to over 409,000 sqm, underscoring its growing presence in one of Central and Eastern Europe’s largest and most dynamic property markets. Bank financing was provided by Berlin Hyp. “This acquisition strengthens our position in the largest and most robust market in Central and Eastern Europe,” said Petr Čížek, Chairman of the Board of Directors at INVESTIKA. “The portfolio features high-quality logistics properties leased to well-known tenants, supporting our long-term target return of 4–6% annually for investors. Alongside our office building investments, we are strategically focusing on logistics, a sector we believe will see significant future growth.” Paolo Panico, Director of BUD Holdings SA, added, “This portfolio from 7R represents a rare opportunity to invest in high-quality, stabilized logistics assets that align perfectly with our investment strategy.” The logistics parks are strategically located, offering flexible layouts to meet tenant needs. All properties comply with international BREEAM environmental certifications, and selected buildings feature photovoltaic panels. INVESTIKA plans to implement long-term active asset and property management strategies to enhance the value of these assets for investors. Rafał Proczek, Director of INVESTIKA Polska Services, highlighted the strategic importance of the acquisition: “These assets guarantee stable rental income from a diverse group of reputable tenants. We have prepared long-term management plans to maximize their potential and ensure sustained value growth.” INVESTIKA Real Estate Fund and BUD Holdings were advised by a consortium of experts, including Linklaters, Colliers, Avison Young, REALS, and CRIDO. Developer 7R was advised by A&O Shearman. Chris Zeuner, Co-CEO of 7R, commented: “This transaction reflects the exceptional quality of our logistics properties, offering investors a rare opportunity to acquire a sizable and stabilized portfolio. The long-term stability of rental income underscores the value of these assets.” With this acquisition, INVESTIKA continues to solidify its position as a leading player in the Central European real estate market, balancing growth across sectors while delivering robust returns for its investors.