We are pleased to announce that we advised Bidfood on the negotiation of a sale agreement and the acquisition a 26,000 sqm plot of real estate in Łódź, as well as on the conclusion of an investment management agreement between Bidfood and Panattoni.
The investment will be developed in a build-to-own (BTO) formula and will become a central distribution warehouse for Bidfood. The facility will be designed for the distribution of food products and will be equipped with refrigerated and frozen storage zones. The project also envisages solutions aimed at increasing energy efficiency, such as a photovoltaic installation and heat recovery systems. The plot is located in the Widzew district of Łódź, directly adjacent to the A1 motorway junction.
Our team was led by Piotr Fedorowicz (partner), and included: Leszek Tokarski (partner), Krzysztof Rembierz (partner) and Tomasz Bąkowski (senior associate).
Bidfood is a nationwide Polish distributor of food and services for the HoReCa sector, serving over 17,000 catering and hotel establishments.
Panattoni is one of the largest private industrial real estate developers in the world and a leader on the European market. The company has 70 offices in North America, India and Europe.