Savills Investment Management has completed the acquisition of the logistics unit leased to Leroy Merlin in Piątek from Invesco Real Estate, the global real estate investment manager, on behalf of Korean institutional investors managed by Vestas Investment Management.
Institutional investors expect that so-called ‘green’ lease clauses will be universally implemented in the real estate industry before the end of this decade, according to a new research by Savills Investment Management.
Panattoni is selling a portfolio of 5 logistics parks in strategic locations totalling 280,000 sqm to an Asian investor. This marks the Asian investor's first investment in Poland and the transaction was handled by Savills Investment Management.
Savills Investment Management acquired a logistics centre near Wrocław. The purchase price amounts to €32.7 million. This modern facility with a total area of 46,000 sqm. was purchased by Savills IM on behalf of Savills IM European Logistics Fund 3 (ELF 3) from Panattoni Europe.
Savills Investment Management prefers long-lease income streams in 2020 instead of value-add and opportunistic strategies that depend on economic and strong employment prospects. The international real estate investment manager published its market outlook.
HB Reavis has successfully sold two Warsaw office buildings to Savills Investment Management (Savills IM) who acted on behalf of a global pension fund client. Offering ca. 53,000 sqm, Buildings C and D of Gdanski Business Center are now entirely owned by the global pension fund.
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