Rymarz Zdort advised European Logistics Investment (ELI), a dynamically growing logistics platform in Poland, on the execution of a documentary transaction and on the purchase of land and construction of a state-of-the-art logistics centre.
ELI will construct a logistics centre with an area of over 18,000 square metres, to be located in Skawina, Kraków district. The Kraków V facility will be the third investment project implemented by ELI in this area, and will be developed in cooperation with ELI’s partner Panattoni, a market leader in the industrial property sector. Nearly 20% of the space has already been leased out to the RTV Euro AGD chain store. The project is expected to be completed in the second quarter of 2021.
ELI’s portfolio includes 19 logistics parks with a total leasable area of more than 600,000 square metres, located in Warsaw, Łódź, Kraków, Wrocław, Upper Silesia and other places. The company is planning to further expand in the coming years.
The firm’s transaction team was headed by Piotr Fedorowicz, an advocate and a partner managing the real estate practice. The transaction team comprised: Michał Kostewicz, an associate, Izabela Skrzypczak, an attorney-at-law and an associate, and Tomasz Karkowski, an associate.