Invesco Real Estate has sold Panattoni Park Gdańsk Airport, a logistics park situated in the vicinity of the Gdańsk international airport, to EQT Exeter. The complex, part of which is still under construction, comprises five buildings and has a total leasable area of app. 110,000 sqm. The value of the transaction has not been disclosed.
Panattoni Park Gdańsk Airport has been developed in a joint venture between Invesco and Panattoni. It comprises one big-box warehouse and four last-mile logistics buildings. The project is Panattoni’s biggest park in Pomerania and is BREEAM ‘Very Good’ certified. Greenberg Traurig advised Invesco for the sale.
"We are very pleased to have advised Invesco Real Estate on another complex transaction in the logistics sector. This transaction again confirms the continuously increasing interest of the investors in the Polish logistics property market", said Rafał Siwek, a local partner in the Warsaw real estate practice of Greenberg Traurig.
Invesco Real Estate is a real estate investment manager with $92 billion in real estate assets under management and 21 regional offices across the US, Europe and Asia. At the end of Q1 2022, it was managing assets worth $15 billion in 14 European countries.
