ARTICLES LABELLED WITH TAG gic
12
Jan
2026
Jan
2026
P3 Logistic Parks names new CEO
P3 Logistic Parks has appointed Simon Carter as Chief Executive Officer, succeeding Frank Pörschke who will remain in the role until Carter joins within the next 12 months. The two will work together during a handover period to ensure business continuity.
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16
Dec
2019
Dec
2019
GIC scales up P3’s logistics platform through €950 million acquisition
GIC, Singapore’s sovereign wealth fund, has signed an agreement to acquire a pan-European logistics real estate portfolio (Maximus) from funds managed by affiliates of Apollo Global Management, Inc., a leading global alternative investment manager, for a net consideration of approximately €950 million. This acquisition is in line with GIC’s strategy to scale up its fully-owned P3 logistics platform and reinforce P3’s position as a leading developer and manager of logistics properties in Europe.
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05
Jan
2017
Jan
2017
GIC completes €2.4 billion acquisition of P3
GIC, Singapore’s sovereign wealth fund, has completed the purchase of P3, one of the leading pan-European owners, developers and managers of logistics properties, from TPG Real Estate and Ivanhoé Cambridge. The deal, which values the business at €2.4 billion, was first announced in November 2016, but had to be approved by EU regulators before it could be finalised. It is one of the largest European real estate transactions of 2016.
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Latest news
- PSN buys extensive Brno sites for residential use
- Poland's property investment volume boosted by offices in 2025
- Skanska sells Equilibrium 2 in Bucharest to Gránit-backed fund
- Czech industrial deliveries soar over 50% in 2025
- New transport hub to turn Central Poland into investment magnet
- Bellemonde starts construction of villa project near Bucharest
- Property investment in Romania to hit €800 million in 2026
- GTC signs green energy deal for Polish commercial projects
- Electrolux extends lease at MLP Pruszków I logistics centre
- Harden Construction completes new industrial project for Panattoni in Poznań
New leases
- Sygnity will take over new office space in Building B of the West Forum complex in Wrocław. The tenant, which has been present at the site for nearly 20 years, has opted to relocate within the development and sign a new long-term lease agreement. Sygnity was represented in the transaction by Patron Brokers, while BNM Real Estate serves as the exclusive agent for West Forum.
- The M1 Zabrze shopping centre, managed by EPP, has signed new leases covering 2,500 sqm. This includes CentrumRowerowe.pl, which will occupy 2,150 sqm for a new stationary showroom. The tenant group at M1 has also been joined by Alpine Pro, Świat Książki, and Wakacje.pl.
- Millennium Gardens has expanded its tenant portfolio by securing a major international logistics provider. The global firm will establish its Budapest office within the development. As a leading service provider, the company already operates nearly 80,000 sqm of logistics infrastructure in the region.
New appointments
- Mateusz Sobczak has joined Scallier’s operations in Poland as Project Manager within the Development Department. Sobczak is an experienced engineer with 15 years of professional practice in project management within the commercial real estate sector. Throughout his career to date, he has collaborated with leading logistics developers, including the MLP Group and 7R.
- CBRE Southeast Europe has strengthened its Zagreb operations with two strategic appointments in the Office Leasing department. Edmund Krznarić has taken over the role of Head of Office Leasing for the Croatian market. Additionally, Jan Pečnik has joined the team as Senior Consultant.
- Michał Stępień has joined MDC2 as Investment Director. He has over 20 years of experience in the real estate industry, gained at Savills, where he worked in teams dealing with valuation, research, and investment advisory. Over the last few years, he has focused on the industrial and logistics sector, advising on market strategy, asset positioning, and investment decisions.
