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Transactions - JULY 6, 2021

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Logicenters enters Polish market with acquisition

by Released

Logicenters is now expanding its presence outside the Nordic region with its first venture in Poland. It acquired the Polish company BIK SA and its current portfolio, which includes four existing properties with two potential extensions, as well as a plot of land — with the total logistics space estimated to be more than 115,000 square meters (1.2 million square feet).

The facilities are located in the cities of Wroclaw and Katowice in southern Poland. With its high population density and large clusters of factories, the region is a strategically important location for logistics.

“We have developed our Nordic portfolio exponentially in recent years and our ambition is to continue to strengthen our presence here,” said Matthias Kettelhoit, CEO of Logicenters. “But we also see Poland as a natural step forward in Logicenters’ development. This is partly because the Polish logistics market is still in its infancy, and we believe there is enormous potential for us

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