Linklaters has advised Polish Logistics LLP on the acquisition and financing of its first investment in Poland, a logistics park in Piotrkow Trybunalski near Lodz, from unnamed sellers.
According to Linklaters, "Polish Logistics LLP is a new investment vehicle established by IO Asset Management, the specialist manager of industrial real estate, and REINO Capital, a real estate holding company listed on the Warsaw Stock Exchange, with the backing of [the] Grosvenor Group."
Logistic City consists of four warehouses with 135,000 square meters of leasable area and land with "the potential to build further 300,000 square meters," Linklaters reports. "Currently, half of the built space is occupied by Jysk, the Danish retail chain."
Linklaters' team was supervised by Managing Partner Artur Kulawski, led by Managing Associate Monika Lerka, and included Managing Associate Marta Domino, Associates Maciej Checinski and Mateusz Cieslak, and Junior Associates Justyna Glinka and Mateusz Korecki.
Linklaters was unable to provide additional info on the matter.