Prologis European Properties Fund II has bought a 530,000 sq ft shed in Poland from Invesco Real Estate.
Renamed Prologis Park Stryków II, the facility, which is leased to Castorama, is 18km south-west of Łódź city centre.
The transaction follows the first acquisition by PEPF II from Invesco Real Estate of two logistics facilities in Poland and Hungary, totalling 1m sq ft, in July.
“This acquisition is a unique opportunity to purchase a premium-quality asset,” said Ben Bannatyne, managing director, Prologis Central and Eastern Europe. “This facility complements PEPF II’s existing portfolio and meets rising demand for well-located logistics infrastructure in Poland.”
Invesco Real Estate was represented by Colliers International.
