18 August 2023
We are pleased to announce that we have advised European Logistics Investment (“ELI”) regarding the purchase of land in Silesia (in Knurów) and the construction of a new BTS (Built-to-Suit) industrial facility. Spanning 34,681 square meters, the facility has been leased to Fortaco Group, a leading strategic partner of OEM (Original Equipment Manufacturer) customers in the heavy off-highway equipment and marine industries. The construction is planned to be completed in the second quarter of 2024.
ELI is a logistics platform experiencing dynamic growth owned by Redefine Properties, Madison International Realty and Griffin Capital Partners, which, provides high-quality facilities that offer excellent connectivity and value for businesses at desirable locations around the country. At the end of H1 2023, ELI’s portfolio, including its landbank, reached 1.3 million sqm and encompassed 30 projects across 10 logistics hubs throughout Poland.
The work of the team was managed by Piotr Fedorowicz, a partner and the head of the Rymarz Zdort Maruta real estate practice. The team comprised Tomasz Bąkowski (senior associate), Tomasz Karkowski (senior associate) and Agnieszka Jabłońska (associate).
We are glad to have had the opportunity to support our client in another interesting project that has contributed to ELI’s successful continuation of its thriving investment activities on the logistics market.
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