European Logistics Investment (ELI), a logistics platform operating in the Polish market owned by Redefine Properties, Madison International Realty, and Griffin Capital Partners, has completed the construction of two warehouses in Silesia. The first is in Knurów and has been fully leased to Fortaco Group; the second is located in Ruda Śląska and is let to Konimpex.

European Logistics Investment (ELI), a logistics platform in the Polish market owned by Redefine Properties, Madison International Realty, and Griffin Capital Partners, has signed a €155 million loan agreement with a consortium of pbb and Helaba. The funds will be used to refinance eleven properties of ELI’s logistics portfolio in nine locations: Bydgoszcz, Czeladź, Kraków (Nowa Huta and Skawina), Łódź, Opole, Toruń, Tychy and Warszawa (Błonie), comprising a total GLA of over 335,000 sqm. pbb and Helaba acted as Joint Lead Arrangers providing equal portions of the funding. pbb also acted as facility and security agent of the transaction.

European Logistics Investment (ELI) has acquired land in Knurów, Silesia, as part of its expansion strategy in Poland.

European Logistics Investment (ELI), a logistics platform in Poland, has closed H1 2022 with 1.2 million sqm of standing, under construction, and secured pipeline projects. Over the first 6 months of the year, ELI has also expanded its landbank, adding 90,000 sqm GLA to its development potential, and initiated the construction of logistics assets with a total GLA of 97,000 sqm.

CBRE Investment Management, on behalf of a client, has agreed on the acquisition of the Nexus portfolio, a 211,803 sqm logistics portfolio located in Poland, from European Logistics Investment, a vehicle jointly managed by Griffin Real Estate, Redefine and Madison International Realty.

European Logistics Investment (ELI) has commenced constructing a logistics centre in Błonie near Warsaw. The Park Warsaw West X project by ELI and its partner Panattoni is planned as a multi-let facility offering nearly 49,000 sqm of modern warehouse space. The investment is planned to be delivered in Q2 2022.

Element Industrial Founder Ionuț Dumitrescu and Sacha Dragic, the Founder of Superbet Group, have launched a new joint venture in the industrial and logistics sector. The development company will be formed through the association of ELI and D Craig Real Estate, the property division of D Craig Holding, controlled by Sacha Dragic. Anca Damour has been named CEO of D Craig Real Estate. 

European Logistics Investment has signed a loan agreement worth €111 million with Berlin Hyp. The funds will be used for the refinancing of four projects from ELI’s logistics portfolio.

Property investment trust Fortress, based in South Africa, has reached an agreement to purchase ELI Park 1, an industrial project in Buftea-Chitila, near Bucharest, for an undisclosed sum. The sellers of the 50,000 sqm project are Element Industrial and Pavăl Holding.

European Logistics Investment (ELI) has started construction works of the second phase of its warehouse scheme in one of the key logistics regions in Poland – Silesia. Park Tychy II, a 43 000 sqm project is planned as a mixed-use property with BREEAM certificate at the Excellent level. The building is already leased in almost 100% to two tenants – Tiberina Group subsidiary U-Form, a leading supplier of components for the automotive sector in the EMEA region and Nodium Group, the owner of two online platforms – sport-shop.pl and nodik.pl.