Poland Logistics Portfolio

Multi-Cities, Poland

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Major Tenant(s)

Geodis
International supply chain operator

Carrefour
Largest grocery chain in Europe

ABC Data
IT hardware distributor

The Poland Logistics Portfolio is comprised of five industrial/warehouse properties in three markets: Warsaw, Wroclaw and Katowice. Completed between 1995 and 2011, each asset has been built to international standards.

The portfolio has a diverse tenant base. One property in the portfolio is leased to a single tenant and the rest of the properties are leased to multiple tenants.

Each of the properties is located in markets that represent well-established centers of commerce along primary routes of transport within Poland. They benefit from strategic locations with proximity to Central and Eastern European markets, as well as access to critical roadways for distribution to Western Europe.

Property type

Industrial

Ownership

Owned by Hines Global REIT

Location

Distribution Parks Okecie and Annopol (Warsaw);
Distribution Parks Bedzin and Sosnowiec (Katowice); and Distribution Park Wroclaw (Wroclaw)

Acquisition Date

March 29, 2012 and
October 10, 2012 (Sosnowiec only) 

Space

94% leased
2,365,228 square feet