Clarion Partners Europe, the real estate investment fund manager, has acquired, on behalf of one of its co-mingled funds, two class A logistics properties, totaling 78,486 square meters (844,816 square feet), near Gdansk, within the fast-growing Tricity urban area of Poland, for €59 million ($65 million).
Constructed in 2021 and 2022, the adjacent properties are fully let to five tenants, with LPP, one of Central and Eastern Europe’s largest publicly listed fashion retailers, as anchor tenant. Both properties are positioned to meet the growing demand from a range of occupiers in the region.
Located in Pruszcz Gdánski, the site is a short drive from Gdansk. Adjacent to the S6/S7 ring road, it provides fast access to approximately 2.9 million inhabitants within a 100-kilometer radius. Occupiers benefit from good Pan-European connectivity via the nearby E75/A1 motorway, as well as the Port of Gdansk, the second-largest port on the Baltic Sea and ninth-largest in Euro
