BentallGreenOak has acquired a logistics park comprising three warehouses in Gdansk, Poland.
This marks the firm’s first investment in the Polish market, as it continues to expand its presence across Europe, said BentallGreenOak in a statement.
The site was acquired from developer 7R and is located in the TriCity market, which benefits from immediate access to the A1 highway. Two of the three assets are already built and amount to a GLA of ca. 39,000 sqm. The third asset will have a GLA of 10,000 sqm and is currently under construction, with completion expected within the next 6 months.
All BREEAM-accredited assets have been developed to the highest standard and can be adapted to meet different tenant needs. Currently ca. 80% of the space is leased to market leading tenants such as Polomarket and InPost.
BentallGreenOak said this latest deal in Poland is the 46th European logistics acquisition that the firm has made in the last year, amounting to a total GLA of 1.75mm sqm.