Dentons US LLP
05/13/2021 | Press release | Distributed by Public on 05/14/2021 07:43
Dentons advises Reino IO Logistics on the logistics portfolio transaction in Poland
May 13, 2021
Dentons' Real Estate team in Warsaw has advised Reino IO Logistics (Reino IO) managing Polish Logistics LLP, the investment vehicle forming a joint venture between Reino Capital, IO Asset Management and Grosvenor Group, on the acquisition of a portfolio of five A-class logistics parks located in Łódź, Poznań, Sosnowiec, Bielsko-Biała and Rzeszów. The investment was purchased from AEW Europe.
The transaction covered the following logistics parks developed by Panattoni Europe, one of the leading developers of warehouse and industrial space in Europe: Panattoni Park Łódź East V, Panattoni Park Sosnowiec I, Panattoni Park Poznań III, Panattoni Park Bielsko-Biała II i Panattoni Park Rzeszów, offering an aggregate gross leasable area of 209,000 sq. m.. The portfolio consists of superior quality distribution complexes, providing tenants with a wide range of solutions in storage, logistics and distribution.
Transaction supervised by partner David Dixon was led by partner Magdalena Szwarc-Brożyna and senior associate Paulina Dąbek. Associates Magdalena Witka and Maciej Kulpiński provided the transactional support.
About Dentons
Dentons is the world's largest law firm, connecting top-tier talent to the world's challenges and opportunities with 20,000 professionals including 12,000 lawyers, in more than 200 locations, in more than 80 countries. Dentons' polycentric and purpose-driven approach, commitment to inclusion and diversity, and award-winning client service challenge the status quo to advance client interests. www.dentons.com