Octane Capital Partners, in partnership with Peakside Capital Advisors, has finalised the investment of two modern urban logistics parks from Panattoni. Located within the Warsaw metropolitan area, the properties provide a combined total of approximately 24,000 sqm of space.
The transaction includes two operational urban logistics parks, both of which are BREEAM-certified at the ‘Excellent’ and ‘Very Good’ levels. The sites offer flexible warehouse units designed to meet the needs of small and medium-sized enterprises. This acquisition is a first step for the joint venture (JV) between the parties, but a further step in Peakside Capital Advisors’ ongoing investment strategy to acquire modern warehouse facilities.
“We are pleased to announce the successful acquisition of two modern urban logistics parks located in the Warsaw area. This move aligns with our strategy of systematically growing our warehouse property portfolio, with a particular focus on urban logistics,” said Michał Nawrot, Head of Investments CEE at Peakside Capital Advisors.
The transaction was executed through a newly formed JV between Octane and Peakside to pursue joint investment projects in the Polish real estate, debt, and secured non-performing loans (NPLs) market.
The subject portfolio consists of two assets. Panattoni Park Warsaw Janki IV offers around 13,000 sqm of modern warehouse and office space. Its location provides convenient access to central Warsaw (approximately 15 minutes away) and excellent connectivity to major road junctions, with the Wypędy interchange on the S8 expressway just three minutes away and the Konotopa interchange on the A2/S2 motorway just ten minutes away.
Panattoni Park Warsaw City V, on the other hand, is situated in Warsaw’s Targówek district on Chełmżyńska Street. It features around 11,000 sqm of warehouse and office space, with flexible units tailored for small and medium-sized enterprises, and excellent transport accessibility.
During the transaction process, Octane and Peakside were advised by: DL Partners (legal advisory), Arcadis (technical advisory), CRIDO (tax and financial advisory), and CBRE (commercial advisory). Panattoni received advisory support from SKJB (legal) and Thedy & Partners (tax and financial).