Principal Asset Management has completed its first acquisition in Poland for LOG IN, the European logistics and industrial fund managed by Theoreim.
The asset, located in the Katowice economic zone in Tychy, Upper Silesia, comprises 9,705 square meters (104,474 square feet) of warehouse, production, and office space. It is fully leased on a 20-year triple net lease to BOS Automotive Products Polska Sp.z.o.o., a subsidiary of the German group, and BOS GmbH & Co KG, a global automotive equipment manufacturer. The long triple net lease provides rental stability and demonstrates the tenant’s strong commitment to the site.
Originally constructed in 1998 and expanded in 2016 and 2017, the asset has been consistently maintained through tenant-led investment. With immediate access to the S1, A1 and A4 motorways, key logistics routes in the region, the site is well-positioned for distribution and connectivity.
In line with LOG IN’s “best-in-progress” approac
