Savills IM buys facilities in Poland and the Netherlands
Savills Investment Management has acquired a logistics property in Łódź, Poland, and two adjacent distribution centres in Den Bosch, the Netherlands, for a total of EUR 52 million.
The Polish property was purchased on behalf of the Savills IM European Logistics Fund 2 portfolio, which now comprises 26 properties. The two Dutch logistics properties constitute the third transaction on behalf of the European Logistics Fund 3, which was launched in late 2019.
The distribution centre in Łódź comprises 38,270 sqm of rental space and is fully leased on a long-term basis to Whirlpool and Compin. The vendor is Invesco Real Estate.
In Den Bosch, the capital of the North Brabant province, one of the properties comprises 16,'680 sqm of rental space and the other has 19,425 sqm of rental space. Both properties are fully let on a long-term basis to logistics service provider Brouwers Holding. (mw)