POLAND Fortress REIT invests in MDC2 Park Łódź South

This will be MDC2’s third logistics development and also Fortress REIT’s third acquisition in Poland. The advisors for this transaction were Savills and ARC Capital Markets.

We are extremely happy to have acquired this project as it perfectly fits Fortress REIT Limited strategic investment profile. MDC2 Park Łódź South shall not only provide the highest standard of modern big-box logistics facility, but will also feature solutions addressing environmental responsibility as well as the sustainable building features sought for by the tenant. The project’s strategic location and its exceptional quality planned by its developer – MDC2, coupled with financial strength and experience of Fortress REIT Limited shall undoubtedly result in the commercial success of this venture.
Maciej Tuszyński, the managing director Europe at Fortress REIT

The 80,000 sqm project will be located at the junction of the A1 motorway and national roads 91 and 12. In line with MDC2’s policy, 95 pct of the construction materials used for the project will be recyclable and the roofs of its buildings are to be designed for PV installations.

Sustainable logistics and distribution parks are in demand in Poland, with more clients looking to have a robust and localised supply chain. MDC2 Park Łódź South, due to its central location, is a strategic fit for Fortress REIT as it sits in the heart of Poland’s main distribution hub. For the next decade, the Polish logistics market will continue to outperform Western European countries in the growth of both total activity and net absorption.
Hadley Dean, the founder of MDC2

MDC2 Park Łódź South is scheduled for completion in Q3 2023.