Acquisition of Orion Portfolio (Warsaw, Prague, Bratislava)

Award:

Investment Deal of the Year, CEE

Name of deal:

Acquisition of Orion Portfolio (Warsaw, Prague, Bratislava)

Value of the transaction (in EUR):

approx EUR 138 mln

Yield:

8%

Seller, plus brief information about the company:

Heitman, a real estate investment management firm


Consultancy which advised Seller:

Savills / Cushman & Wakefield


Purchaser, plus brief information about the company:

Prologis, the largest provider of industrial space in CEE


Consultancy which advised Purchaser:

JLL


Financing institution:

Prologis European Properties Fund II

Why this deal should be considered for the award:











The acquired portfolio totaling 230,000 m²encompasses 23 Class-A distribution centers, including: • 17 properties totaling 163,000 m² in Prague. Prologis Park Prague-Rudna is located on the D5 highway, with direct connection to Germany and proximity to Prague International Airport; • 4 properties totaling 55,400 m² near Warsaw, Poland. Prologis Park Warsaw-Zeran is located near the Warsaw city center east of the A2 highway, a key regional transport route; and • 2 properties totaling 11,600 m² in Bratislava, Slovakia. These facilities are adjacent to Prologis Park Bratislava and include 19.3 acres of land with a build-out potential of 38,400 m² of logistics space. The acquisition of well-located, quality real estate at attractive pricing complements Prologis existing portfolio in CEE.



Main Sponsor