P3 Logistic Parks acquired Campus 39 park in Wroclaw

P3 Logistic Parks has closed a deal to acquire the Campus 39 business park in Wroclaw, southwest Poland, from industrial developer, Panattoni. This marks the fifth acquisition P3 has completed in southern Poland in the past 12 months. The Campus 39 project, re-named as P3 Wrocław II, consists of four buildings, covering a total area of 185,000m². The park offers a perfect location in one of the top sites of the Polish warehouse market, being especially attractive to tenants. The park offers easy access to the A4 motorway, connecting Berlin to Kraków and Ukraine via Wrocław and Upper Silesia, and the S8 expressway, which guarantees good access to the capital of Lower Silesia via the A1 and A2 motorways.
The park's tenants include ID Logistics, Korean logistics operator Unico Logistics, GEIS, LX Pantos and automotive cable manufacturer Leoni. In line with P3’s environmental ambitions, the park has achieved a BREEAM sustainability rating of “Excellent”.
Name of the deal P3 Logistic Parks acquired Campus 39 park in Wroclaw
Information about the transaction P3 Logistic Parks has closed a deal to acquire the Campus 39 business park in Wroclaw, southwest Poland, from industrial developer, Panattoni. This marks the fifth acquisition P3 has completed in southern Poland in the past 12 months. The Campus 39 project, re-named as P3 Wrocław II, consists of four buildings, covering a total area of 185,000m². The park offers a perfect location in one of the top sites of the Polish warehouse market, being especially attractive to tenants. The park offers easy access to the A4 motorway, connecting Berlin to Kraków and Ukraine via Wrocław and Upper Silesia, and the S8 expressway, which guarantees good access to the capital of Lower Silesia via the A1 and A2 motorways.
The park's tenants include ID Logistics, Korean logistics operator Unico Logistics, GEIS, LX Pantos and automotive cable manufacturer Leoni. In line with P3’s environmental ambitions, the park has achieved a BREEAM sustainability rating of “Excellent”.
The date of closing the deal February 2023
Value of the transaction (in EUR) 139000000
Yield 0
Seller, plus brief information about the company Panattoni is one of the largest industrial real estate developers in the world. Panattoni is also one of the top-ranking consistent deployers of institutional and private wealth capital directly in deal opportunities in the European industrial and logistics investment market, investing on average around EUR 7.0 billion a year. The company’s European headquarters is in Poland. Panattoni has developed more than 19 million sqm of modern industrial space across Europe.
Consultancy which advised Seller DLA Piper
Purchaser, plus brief information about the company P3 is a long-term investor, manager and developer of European warehouse properties with about 7,1 million m² of assets under management and land bank of 1.6 million m² for further development. P3 has commercial activities in 11 countries and has been investing and developing in European markets for more almost two decades. Headquartered in Prague, P3 employs more than 240 people across 11 offices in key European cities, offering integrated development, asset and property management services.
Consultancy which advised Purchaser Greenberg Traurig, Gleeds, Cushman & Wakefield and Delta Simons, PwC Poland
Financing institution Own funds
Current occupancy level 100
Please say why this deal should be considered for the award P3 Wrocław II is ideally located in southwestern Poland, with good access to crucial infrastructure, a pool of available labour, and large-scale manufacturers in the region. P3’s strategy in Poland remains focused on identifying attractive development and investment opportunities to supplement its growing portfolio. Acquisition of the 185,000 sqm Campus 39 warehousing project in Wrocław was the largest transaction for Polish real estate registered in H1 2023 .
Name of the deal
P3 Logistic Parks acquired Campus 39 park in Wroclaw
Information about the transaction
P3 Logistic Parks has closed a deal to acquire the Campus 39 business park in Wroclaw, southwest Poland, from industrial developer, Panattoni. This marks the fifth acquisition P3 has completed in southern Poland in the past 12 months. The Campus 39 project, re-named as P3 Wrocław II, consists of four buildings, covering a total area of 185,000m². The park offers a perfect location in one of the top sites of the Polish warehouse market, being especially attractive to tenants. The park offers easy access to the A4 motorway, connecting Berlin to Kraków and Ukraine via Wrocław and Upper Silesia, and the S8 expressway, which guarantees good access to the capital of Lower Silesia via the A1 and A2 motorways.
The park's tenants include ID Logistics, Korean logistics operator Unico Logistics, GEIS, LX Pantos and automotive cable manufacturer Leoni. In line with P3’s environmental ambitions, the park has achieved a BREEAM sustainability rating of “Excellent”.
The date of closing the deal
February 2023
Value of the transaction (in EUR)
139000000
Yield
0
Seller, plus brief information about the company
Panattoni is one of the largest industrial real estate developers in the world. Panattoni is also one of the top-ranking consistent deployers of institutional and private wealth capital directly in deal opportunities in the European industrial and logistics investment market, investing on average around EUR 7.0 billion a year. The company’s European headquarters is in Poland. Panattoni has developed more than 19 million sqm of modern industrial space across Europe.
Consultancy which advised Seller
DLA Piper
Purchaser, plus brief information about the company
P3 is a long-term investor, manager and developer of European warehouse properties with about 7,1 million m² of assets under management and land bank of 1.6 million m² for further development. P3 has commercial activities in 11 countries and has been investing and developing in European markets for more almost two decades. Headquartered in Prague, P3 employs more than 240 people across 11 offices in key European cities, offering integrated development, asset and property management services.
Consultancy which advised Purchaser
Greenberg Traurig, Gleeds, Cushman & Wakefield and Delta Simons, PwC Poland
Financing institution
Own funds
Current occupancy level
100
Please say why this deal should be considered for the award
P3 Wrocław II is ideally located in southwestern Poland, with good access to crucial infrastructure, a pool of available labour, and large-scale manufacturers in the region. P3’s strategy in Poland remains focused on identifying attractive development and investment opportunities to supplement its growing portfolio. Acquisition of the 185,000 sqm Campus 39 warehousing project in Wrocław was the largest transaction for Polish real estate registered in H1 2023 .
Panattoni-23

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