Macquarie Asset Management agrees to acquire Polish last-mile logistics facility

Macquarie Asset Management, on behalf of one of its managed accounts, has agreed to acquire a City Flex logistics facility in Poland from a 7R-led consortium of investors for about €29 million ($29.6 million).

Comprised of three buildings, the 15,900-square-meter (171,146-square-foot) last-mile logistics facility is near Warsaw Airport, one of Poland’s key transport and logistics hubs, and enjoys easy access to the city center and major express roads. The complex is fully leased to seven local and international tenants and has been awarded a Very Good rating under BREEAM’s sustainable building certification scheme.

The investment follows an earlier agreement