Tristan fund sells urban logistic platform in Poland

Tristan Capital Partners’ EPISO 4 Fund, in a joint venture with White Star Real Estate, has sold more than 160,000 square meters (1.7 million square feet) of a prime urban logistic platform in Poland to Exeter. The platform, which consists of five assets located in Warsaw, Poznan, Wroclaw, Gdansk and Czeladz, was first acquired in December 2018.

James Brodie, managing director, portfolio and asset management at Tristan, said, “The Polish industrial sector has seen strong growth in recent years. We have seen tremendous resilience in the industrial market throughout the last couple of years, with little sign of deal flow slowing. This robust market performance has allowed us to achieve our goals for this asset ahead of schedule and deliver a positive result for the fund’s investors.”

Bartosz Szewczyk, managing partner, Poland, White Star Real Estate, added, “Throughout the joint venture’s tenure, we have benefited from exponential growth in the Polish l