EUROPE Allianz moves into Polish and Finnish sheds
Investment & financeschedule 29 November 2022
The 200,000 sqm portfolio is spread across Eindhoven, Helsinki (pictured), Warsaw and Gorzów Wielkopolski
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Munich-based Allianz Real Estate has entered into a forward-purchase agreement with German logistics provider DHL for a portfolio of five logistics facilities under construction in Poland, the Netherlands and Finland.
The price of the transaction has not been disclosed. The deal, which is set for completion between Q1 2023 to Q1 2024, will be one of Allianz Real Estate’s largest single logistics sector acquisitions in terms of gross leasable area. The five facilities will have a combined area of more than 200,000 sqm. They are located in the Eindhoven, Helsinki, Warsaw and Gorzów Wielkopolski areas. The Polish and Finnish assets are also to be the first two logistics properties ever owned by Allianz Re
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