Panattoni Sells Two Urban Warehouse Parks in Warsaw

Panattoni has sold two urban warehouse parks in Warsaw. The new owner of the properties is the Octane Capital Partners fund, operating in cooperation with Peakside Capital Advisors.

As part of the transaction, two operational urban warehouse parks were acquired, both certified under the BREEAM system at the Excellent and Very Good levels. The facilities offer flexible warehouse modules tailored to the needs of small and medium-sized enterprises. This acquisition marks the first venture of the newly established joint venture (JV) between the parties, as well as another step in Peakside Capital Advisors’ ongoing investment strategy focused on acquiring modern warehouse assets.

"We are pleased to announce the completion of the acquisition of two modern urban warehouse parks located in the Warsaw area. This is another step in the systematic development of our logistics real estate portfolio in line with our investment strategy focused on urban logistics," said Michał Nawrot, Head of Investments CEE at Peakside Capital Advisors.

Peakside and Octane carried out the transaction through the newly formed joint venture, which aims to implement joint investment projects on the Polish real estate market, including real estate-backed debt instruments.

Two Warsaw Warehouse Parks in the Portfolio

The acquired portfolio comprises two assets. Panattoni Park Warsaw Janki IV offers approximately 13,000 sqm of modern warehouse and office space. The location ensures convenient access to central Warsaw (approximately 15 minutes) and quick access to key road junctions – from 3 minutes to the Wypędy junction on the S8 expressway to 10 minutes to the Konotopa junction on the A2/S2 highway.

Panattoni Park Warsaw City V, on the other hand, is located in the Targówek district of Warsaw, on Chełmżyńska Street. It offers approximately 11,000 sqm of warehouse and office space. The facility provides flexible modules for small and medium-sized tenants, along with excellent transport accessibility.

In the transaction process, Octane and Peakside were advised by: DL Partners (legal advisory), Arcadis (technical advisory), CRIDO (tax and financial advisory), and CBRE (commercial advisory). Panattoni was supported by SKJB (legal advisory) and Thedy & Partners (financial and tax advisory).