LogiCor, The Blackstone Group’s newly created logistics platform, has made its first foray into Poland with the acquisition of two portfolios totaling 4.3 square feet for €240 million ($320 million) from joint venture partners Panattoni Europe and Pramerica Real Estate Investors.
“With the addition of these two portfolios, we are further building on our strategy of acquiring high-quality, well-located logistics properties in Europe, through the LogiCor platform,” Ken Caplan, head of real estate for Blackstone in Europe, said in a statement. “These assets complement our other logistics properties across Europe in terms of their tenant quality, efficient design and excellent locations. We look forward to continuing to grow and devel
