Hillwood Poand has acquired two logistics parks in northern Wrocław from Blackstone-managed funds for approximately €70 million, strengthening the company's position in one of Poland's most competitive and fastest-growing warehouse markets.
The fully leased properties, now operating as Hillwood Wrocław City I and Hillwood Wrocław City II, have expanded the company's portfolio by nearly 100,000 sqm, bringing the total to over 2.1 million sqm.
Including acquisitions of two projects in Silesia and an investment in Gdańsk, the company has acquired over 300,000 sqm of stabilised logistics assets this year, accelerating both development and investment activities related to acquiring fully commercialised properties in key logistics locations across Poland.
"The value of completed acquisitions exceeded €200 million, and we continue to develop new projects and maintain high development activity, finalising around 40 lease agreements," said Hubert Michalak, CEO of Hillwood Poland. "Lower Silesia is currently one of the most important logistics hubs in Central Europe, and Wrocław has for years attracted companies scaling operations in international markets."
Addleshaw Goddard and CBRE advised on the transaction, while Blackstone and Logicor used advisory services from the Polish office of Clifford Chance. Lower Silesia remains one of the most diversified and dynamically developing logistics regions in Central Europe, supported by a strong production base, rapidly growing e-commerce sector and convenient access to key EU markets.