LeadCrest Capital Partners, the first fund in Europe solely dedicated to sale-leaseback and build-to-suit investments, announced the acquisition of the BREEAM In-Use certificate for its entire Polish logistics portfolio. The “Very Good” rating confirms a strong commitment to delivering long-term value for its investors, society, and the environment.
The logistics and light industry portfolio includes three properties located in Skarbimierz (Wrocław), Grudziądz (Bydgoszcz), and Stargard (Szczecin), leased to DSV, the third-largest global 3PL (third-party logistics) provider, listed on the Copenhagen stock exchange; Kitron, a leading Scandinavian electronics manufacturing services provider, listed on the Oslo stock exchange; and Hydroline, a Finnish manufacturer and pioneer in hydraulic cylinder production.
The Skarbimierz property is a 7,900 sqm logistics platform where DSV provides 3PL services to neighbouring FMCG production facilities owned by international companies. The Grudziądz facility occupies 8,200 sqm of usable space and is used by Kitron as one of its main European production and logistics centres. The property in Stargard includes 12,000 sqm of production, assembly, and storage space for hydraulic components and is Hydroline’s only facility outside Finland.
All properties are part of a portfolio built in 2019-2020, and acquired by LeadCrest in 2021. This acquisition also included a fourth property located in Tyniec Mały (Wrocław), leased by Żabka as one of the main distribution centres serving Lower Silesia. This facility, built in 2020, covers 23,000 sqm and received a “Very Good” BREEAM New Construction certification in 2021.
The BREEAM In-Use standard provides a framework for investors, owners, managers, and tenants to make sustainable improvements to their properties. This standard helps improve the performance of buildings already in use by offering support in benchmarking, quality assurance, and verification of operational data related to the property.
LeadCrest is committed to monitoring new regulations and policies that affect the future landscape of real estate investment. By doing so, wherever possible, we uphold our principles, demonstrating our commitment to supporting our tenants at every stage. This approach not only increases value for our tenants and stakeholders but also fully aligns with our fiduciary duties.
As part of the BREEAM process, in collaboration with Arcadis’ sustainability advisory team, LeadCrest conducts a carbon emission assessment for each property. This includes reviewing and analyzing available data on the operational carbon footprint of the property, including emissions from both the building and tenant activities, to identify carbon reduction measures and potential improvement opportunities.
Georges Asmar, Portfolio Manager at LeadCrest Capital Partners, said, “LeadCrest Capital Partners is committed to further evaluating, monitoring, and setting ESG goals for the assets under management. We believe that environmental certifications such as BREEAM are crucial in real estate, enhancing property value, reducing costs, and supporting the health and well-being of our tenants.”
Noemi Macura, Senior Sustainability Consultant at Arcadis, said, “Investors are increasingly emphasizing ESG criteria, and BREEAM certification perfectly meets these expectations, reflecting a commitment to sustainable development and responsible building practices. Arcadis has been committed to supporting LeadCrest Capital Partners in obtaining the BREEAM In-Use certificate for their properties in Poland, highlighting our shared commitment to the highest environmental standards.”
