Korean-backed fund buys warehouses in Poland for €120 million

13
Feb
2026
News - Korean-backed fund buys warehouses in Poland for €120 million #Alistair Ennever #Bartłomiej Krawiecki #Industrial #Investment #Lemontree #Logistics #Poland #Vestas #White & Case #Wolf Theiss #Zabrze

by Property Forum | Industrial

LemonTree has completed the sale of two warehouse buildings from the first phase of the Booster Zabrze complex to Vestas Investment Management Europe. The transaction, backed by Korean capital, is valued at over €120 million and includes a commitment to acquire the second phase upon completion.


The two buildings, totalling approximately 50,000 sqm, were completed in 2025 and are fully leased to institutional tenants under long-term agreements. Vestas has also committed to purchasing Phase 2, comprising three buildings with 59,000 sqm, scheduled for completion in Q3 2026.

"Booster Zabrze is a project that from the very beginning was developed with the highest technical standards, energy efficiency, and long-term value for tenants and investors in mind," says Bartłomiej Krawiecki, CEO of LemonTree. 

Alistair Ennever, Head of Europe at Vestas Investment Management Europe, emphasised the significance of the Korean capital involvement. "This transaction marks strategic Korean capital investing in European real estate to promote the activities of Korean businesses overseas. The real estate that the LemonTree team have delivered in Phase 1 is amongst the best in the country," he says.

The complex is located in the Upper Silesian-Zagłębie Metropolis with direct access to A1/A4 motorways and features Breeam Excellent certification. Key tenants include one of Europe's largest temperature-controlled logistics operators. LemonTree was represented by Wolf Theiss, while Vestas was advised by White & Case.




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  • 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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