Hillwood acquires Deka’s two logistics parks in Poland

Real estate investor and developer Hillwood Poland has acquired two major industrial and logistics parks, Industrial Park Bieruń and Industrial Park Tychy, from Deka Immobilien. 

Industrial Park Tychy

The deal, valued at approximately €100 mln, encompasses over 153,000 m2 of prime logistics space, marking it as one of the largest acquisitions in the Polish warehouse real estate market in recent years.
The acquired properties significantly boost Hillwood Poland's managed portfolio to nearly 2 million m2 of industrial and logistics space nationwide. This acquisition aligns with the company's long-term strategy of consistently expanding its portfolio through the purchase of fully leased assets located in strategic locations across Poland.
The two logistics centres, held by Deka's WestInvest InterSelect fund for around ten years, are strategically situated near Katowice, benefiting from excellent access to key interregional transport routes. This includes the A4 motorway, connecting Dresden to Krakow via Wroclaw, and National Road 1, providing fast links to Warsaw, Lodz, the Czech Republic, and Slovakia. Deka Immobilien's sale is part of its fund's portfolio management strategy, capitalizing on favorable market conditions, following recent logistics property acquisitions in Switzerland and Italy.
Industrial Park Bieruń comprises approximately 56,000 m2 on a 12-hectare plot within a Special Economic Zone. Its prime location in the heart of Upper Silesia offers superb access to major transport corridors, attracting tenants from both the logistics and manufacturing sectors, resulting in full occupancy.
Industrial Park Tychy spans nearly 97,000 m2 on a 17.67-hectare plot and features seven fully leased halls complemented by road, parking, and technical infrastructure. Its advantageous location on National Road 44, adjacent to the S1 expressway and the A4 motorway, ensures excellent transport accessibility to the Katowice metropolitan area and other regions across the country.
Hubert Michalak, managing director at Hillwood Polska, said: “A transaction of this scale is a clear confirmation of the strength of the Polish warehouse market, which remains one of the most attractive and dynamically developing real estate sectors in Europe. At the same time, it strengthens our position in the region and confirms the direction set out in Hillwood's business strategy in Poland – the parallel expansion of our development activities and value creation through selective acquisitions.”
Hillwood was advised by Colliers and Clifford Chance.