Dentons has advised Savills Investment Management (Savills IM), an international investment manager operating on the commercial real estate market, on the acquisition of a modern logistics center in Łódź from Invesco Real Estate. The property was acquired on behalf of Savills IM European Logistics Fund 2 (ELF 2), which currently has 26 facilities in its portfolio in Europe.

The warehouse, with an area of over 38,000 sq. m. was built by Panattoni Europe and provided for occupancy in 2018. Its construction was financed by Invesco Real Estate. The property is part of the so-called Central European Logistics Hub (a logistics hub meeting the highest technical requirements), and is located in the vicinity of the Spedcont intermodal terminal - an important element of the “Silk Road” railway connecting European markets with Asia.

In Poland, Savills IM currently manages assets of €1.5 billon, including €700 million worth warehouse facilities.

The transaction was led by partner Jakub Sobotkowski with the support of senior associate Anna Kokeli-Targowska and associates Joanna Popławska and Maciej Roman.

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