Clarion Partners Expands Logistics Footprint in Poland with Dual Property Acquisition
Deal News | Mar 19, 2025 | Clarion Partners LLC
Clarion Partners Europe, a real estate investment fund manager, has completed the acquisition of two Grade-A logistics properties near Gdansk, Poland, for approximately €59 million. The properties, totaling 78,486 square meters, were constructed in 2021 and 2022 and are fully leased to five tenants, with LPP, a major fashion retailer, as the principal tenant. Strategically situated in Pruszcz Gdanski, the site offers excellent access to the S6/S7 ring road, the E75/A1 motorway, and the Port of Gdansk, providing extensive connectivity. Clarion Partners Europe aims to expand its portfolio in the high-performing Polish market. The acquisition aligns with their strategy to focus on Grade-A, sustainable logistics spaces, distinguishing their portfolio in a bifurcated market. Advisors for the deal included Linklaters, CBRE, and Savills.
Sectors
- Real Estate
- Logistics and Infrastructure
- Investment Management
Geography
- Poland – The logistics properties acquired are located near Gdansk, within the Tricity area of Poland.
- Central and Eastern Europe – The acquisition is part of a broader strategy within the Central and Eastern European market, with LPP as a significant regional tenant.
Industry
- Real Estate – The acquisition involves logistics properties, a segment of the real estate market.
- Logistics and Infrastructure – The properties acquired are logistics centers, serving the infrastructure needs for distribution and supply chains.
- Investment Management – Clarion Partners Europe is involved in managing and growing investment funds, with this acquisition aligning with their targeted investment strategy.
Financials
- €59 million – The purchase price for the two logistics properties acquired by Clarion Partners Europe.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Clarion Partners Europe | Buyer | Company | A real estate investment fund manager involved in the acquisition of logistics properties in Poland. |
| LPP | Anchor Tenant | Company | One of Central and Eastern Europe's largest publicly listed fashion retailers, and the major tenant in the acquired properties. |
| Linklaters | Legal Advisor | Company | Provided legal advisory services for the acquisition by Clarion Partners Europe. |
| CBRE | Technical, Environmental, and ESG Advisor | Company | Provided technical, environmental, and ESG advisory services for the acquisition. |
| Savills | Advisor | Company | Provided advisory services to Clarion Partners Europe for the acquisition. |