Deutsche Hypo finances logistics property close to Gdank for Clarion Partners Europe

Deutsche Hypo – NORD/LB Real Estate Finance finances the logistics property Panattoni Park Tricity South for Clarion Partners Europe. The financing volume, totalling approximately €38.454 million, is divided into €24.85 million property financing and €13.604 million VAT loan, with a term of five years and one year respectively.

The property, which was constructed in 2021 and 2022, consists of two logistics buildings totalling 78,486 sqm. The property is fully let to five parties, with the listed Polish clothing group LPP being the main tenant. Building I has been awarded a BREEAM Very Good certificate, while Building II has a BREEAM Excellent rating. The property is conveniently located south of Gdansk in the Tricity metropolitan region – close to the A1 motorway to Warsaw and around 25 minutes by car from the city centre, the port, and the airport.

“With Panattoni Park Tricity South we are adding a promising property in one of Poland’s most dynamic logistics hubs to our logistics portfolio. We are delighted to have gained with Clarion Partners Europe a real estate investment fund manager specialising in high-quality logistics properties as a new client,” says Georg König, Deutsche Hypo – NORD/LB Real Estate Finance.