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.

Industrial developer Hillwood has announced its strategic expansion into the Romanian market, marking a significant development of its European footprint that includes Poland, Germany and the UK.

Hillwood has expanded its Polish portfolio with a logistics park covering nearly 43,000 sqm, located in Gdańsk, in the eastern part of the city. The seller was Blackstone. The price has not been disclosed.

Hillwood’s EU Industrial Club III has announced the successful closure of a €368.19 million loan with Aareal Bank AG. The refinancing relates to Hillwood’s extensive EU Club III portfolio of Class A logistics properties, comprising 18 assets strategically located in Poland and Germany – five in Germany and 13 in Poland. 

Amazon has extended its lease for over 36,200 sqm of warehouse space and 2,000 sqm of office space at the Hillwood Łódź Górna logistics centre.

Hillwood Poland’s 15 buildings have been certified BREEAM In Use at the Excellent level, completing the certification for the company’s entire portfolio. Obtaining the certificates was the result of cooperation with JWA, a consulting firm specializing in green solutions for commercial real estate.

Entalpia Europe, a provider of HVAC-R solutions, has become the first tenant of the Hillwood Łazy logistics centre. Entalpia Europe has leased 14,000 sqm of warehouse space and 1,200 sqm of office space and will commence operations at the facility in Q3 2024.

Nunner Logistics has signed a lease agreement for 22,869 sqm of warehouse space and 285 sqm of office and social space at Hillwood & LCube Wrocław East park, currently under construction in Dobrzykowice near Wrocław. Construction work is underway and is set to be completed by next July. The project is being developed in partnership between Hillwood and LCube, with Hillwood acting as investor and LCube as Development Manager, coordinating the development of the facility.

Hillwood Polska and LCube have signed an agreement to develop a logistics facility on the eastern outskirts of Wrocław. Spanning over 60,000 sqm, the Hillwood & LCube Wrocław East industrial and warehouse complex will offer Class A warehouse space and meet 'Excellent' BREEAM certification standards. LCube will serve as the Development Manager, working closely with Hillwood through the construction and commercial phases.

Hillwood Polska has signed credit agreements with Bank Pekao S.A. for the construction of three warehouse projects: in Częstochowa, near Rawicz, and in Łazy near Warsaw, with a combined value exceeding €89 million.