Hillwood Poland buys projects from Blackstone-backed funds

17
Dec
2025
News - Hillwood Poland buys projects from Blackstone-backed funds #Acquisition #Addleshaw Goddard #Blackstone #CBRE #Clifford Chance #Hillwood #Hubert Michalak #Logicor #Logistics #Poland #Wroclaw

by Property Forum | Industrial

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.




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New leases

  • Froo Romania, a subsidiary of the Żabka Group, has relocated its HQ to the Bucharest-based Hermes Business Campus. The retailer secured around 2,900 sqm of office space in a transaction facilitated by Colliers.
  • Court One has signed a lease for approximately 6,300 sqm of space at MLP Business Park Vienna. The tenant, a subsidiary of the Padeldome group, is currently Austria’s largest operator in the sector, managing 42 courts across four locations in the capital.
  • Polish fashion and lifestyle brand Medicine has accelerated its domestic expansion, headlined by the opening of its largest store to date, a 985 sqm flagship at the Silesia City Center in Katowice. This strategic scale-up is mirrored by simultaneous growth in several regional markets, including a new 740 sqm unit at Magnolia Park in Wroclaw and a 600 sqm extension at Galeria Warmińska in Olsztyn. The retailer further bolstered its Silesian presence with a 500 sqm location at Pogoria Shopping Centre and a new opening at CH Platan, significantly increasing its total floor space across Poland.

New appointments

  • Avison Young has promoted Bartłomiej Krzyżak and Marcin Purgal to the roles of Co-Heads of the Investment Department in Poland. Krzyżak, previously Senior Director, brings 18 years of commercial real estate experience, having joined Avison Young in 2017. Purgal, also a former Senior Director and a member of the Royal Institution of Chartered Surveyors (MRICS), transitions into the co-head role with 23 years of experience in the CEE commercial markets.
  • Avison Young has strengthened its Polish leadership with three senior promotions. Patryk Błach ascends to Associate Director within the Investment Advisory Department. Kamil Głowienka has been named Senior Project Manager. Furthermore, Katarzyna Uzar becomes a Valuation and Innovation Specialist, tasked with integrating technological solutions and coordinating global departmental projects.
  • Katarzyna Myjak has joined Axi Immo as Senior Business Advisory Manager, tasked with strengthening the company’s Industrial & Logistics business line.


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