Linklaters has advised LeadCrest Capital Partners on two sale-leaseback investments in Poland – the acquisition of a light industrial and logistics facility from KGL and the acquisition of three retail warehouses from 3W. Reportedly, Rykowski & Gniewkowski advised KGL and Pirozek and Pirozek advised 3W.
LeadCrest Capital Partners is a dedicated European sale-leaseback and build-to-suit investment specialist.
According to Linklaters, “the 9,500-square meter facility acquired from KGL is located in Czosnow, Greater Warsaw, at a prime location, alongside the S7 expressway. It was extended and modernized in 2019 and comprises production and warehouse space, as well as ancillary office accommodation. The site includes 20,000 square meters of undeveloped land, allowing for future extension of the facility.”
“The portfolio acquired from 3W, with a total area of 18,200 square meters, comprises three retail warehouses – two located in Warsaw, one in Czeladz. The portfolio is let on a 20-year triple net master lease to 3W. The parties have agreed to a modernization plan which will improve the energy performance of the portfolio,” the firm informed.
The Linklaters team included Partners Janusz Dzianachowski and Marta Domino, Managing Associate Zuzanna Lipska, Senior Associate Marcin Nowak, and Associates Katarzyna Grodzka, Joanna Roman, and Bartosz Boenigk.