DLA Piper has advised Elite Partners Capital on the acquisition of a warehouse building located in the logistics park in Mszczonów. The 58,500 square-meter building is fully leased by PepsiCo, and serves as the largest warehouse in PepsiCo Poland’s distribution network. With this transaction, Elite Partners Capital has increased its presence in the park to six buildings with a total area of over 260,000 square meters, following the acquisition of five buildings in March 2020, which was one of the largest transactions in the Polish logistics sector this year.
Elite Partners Capital is a Singapore-based private equity firm engaged in real estate investment and management. Said the latest acquisition will be part of its Elite Logistics Fund, which is comprised of specialized logistics assets in Europe to address opportunities arising from COVID-19 related disruptions.
The transaction was led by Warsaw-based Real Estate partner Michał Pietuszko and senior associate Agata Koczorowska, supported by associate Paweł Szymański. Counsel Bartek Palusiak and senior associate Anna Jarczok advised on the project financing aspects of the transaction.
