The Warsaw office of Greenberg Traurig has advised Invesco Real Estate on the sale of E-Commerce Centre — a logistics center in northern Poland — to Vestas Investment Management, which was represented by BNP Paribas REIM.
According to BNP Paribas Real Estate report, this is the first acquisition of Vestas European Logistic Fund, which aims to invest an additional EUR 250 million in European logistics assets by the end of the year.
E-Commerce Centre covers an area of approximately 160 thousand square meters, making it, according to Greenberg Traurig, “one of the largest and technically advanced logistics centers in Europe."
The Greenberg Traurig team was led by Partner Agnieszka Stankiewicz and Senior Associate Rafal Siwek, supported by Associates Karol Lewandowski and Michal Niecko.
Greenberg Traurig did not reply to an inquiry about the deal.