LemonTree, a developer of modern premium‑class logistics and service complexes, has finalised the sale of two warehouse buildings forming the first phase of the BOOSTER ZABRZE by LemonTree investment. The new owner of the assets is Vestas Investment Management Europe, an international company managing an extensive portfolio of logistics and office properties across Europe on behalf of global investors. The transaction is backed by strategic Korean capital, highlighting its international significance and the trust global financial institutions place in LemonTree’s projects.
The two buildings delivered as part of Phase 1, with a total area of approximately 50,000 sqm GLA, were completed in 2025 and have secured institutional tenants thanks to their top technical standards, energy efficiency, and attractive location. The leasing profile is based on long‑term agreements, ensuring a stable and predictable income stream and an attractive investment profile for the entire asset.
Simultaneously with completing the sale of Phase 1, Vestas Investment Management Europe has committed to acquiring Phase 2 upon completion of construction in Q3 2026. Phase 2 will comprise three buildings with a total GLA of approximately 59,000 sqm. The top technical specification will mirror that of Phase 1, which continues to attract internationally recognisable tenants. The total transaction volume, exceeding €120 million, represents a significant commitment to the project and to the Polish market.
“BOOSTER ZABRZE is a project that, from the very beginning, was developed with the highest technical standards, energy efficiency, and long-term value for tenants and investors in mind. The fact that it has been recognised by tenants confirms the validity of our strategy. The transaction with Vestas Investment Management Europe is an important confirmation of the market’s trust in the quality of LemonTree’s assets and the direction in which we continue to develop our portfolio,” says Bartłomiej Krawiecki, CEO, LemonTree.
This transaction represents an important step for both parties. LemonTree strengthens its market position by completing another sale of modern, leased buildings. Vestas Investment Management Europe, known for managing prestigious real estate assets, has enriched its European portfolio with a complex distinguished by high technical standards, excellent location, and long-term investment potential.
“Cooperation with Vestas Investment Management Europe is another milestone in the development of the LemonTree brand and proof that the market needs modern logistics facilities, offering a new formula of logistic-industrial buildings that set new standards. BOOSTER ZABRZE goes far beyond a typical warehouse, creating a versatile investment product, a so‑called ‘business park’ which we are proud to hand over to the new owner,” says Tomasz Kostrzewa, Head of Transactions, LemonTree.
“This transaction is significant. It marks several ‘firsts’, including strategic Korean capital – on the debt and equity side – investing in European real estate to promote the activities of Korean businesses overseas, whilst maintaining a traditional commercial component. Vestas is very proud to have bought these elements together, and it is thanks to the unrelenting work of our teams in Korea and Europe that this has made possible.
The real estate that the LemonTree team have delivered in Phase 1 of the scheme and will deliver in Phase 2 is amongst the best in the country. The attention to detail is evident throughout this project, as it has been during the negotiations. We wish to thank LemonTree for their partnership and all of the advisors for their dedication in equal measure,” emphasised Alistair Ennever, Head of Europe, Vestas Investment Management Europe.
“Such transactions demonstrate continued investor interest in Poland’s stable logistics and warehouse sector, especially when they involve premium‑class projects with reputable tenants and long-term lease agreements. We thank Vestas Investment Management Europe for the excellent cooperation on this transaction and for the trust. In 2026, we will consistently continue the execution of further investment processes and look forward to productive cooperation on future projects,” says Łukasz Jachna, CIO LemonTree.
LemonTree was represented by Wolf Theiss P. Daszkowski, providing comprehensive legal support. The buyer was represented by White & Case M. Studniarek i Wspólnicy.
