European Logistics Investment expands its portfolio with 100,000 sqm logistics centre in Tychy

Rymarz Zdort advised European Logistics Investment (ELI), a dynamically growing logistics platform in Poland, in connection with the transaction documentation related to a land purchase, the corporate aspects of the investment and the development of a modern warehouse complex.

ELI will construct a high-quality logistics centre with an approximate area of 100,000 sqm in Tychy. The two-hall facility will be developed in cooperation with ELI’s strategic partner Panattoni, a market leader in the industrial property sector. The first building has already been 100% pre-let. The first phase of the project is expected to be completed in the third quarter of 2021.

ELI’s portfolio includes 23 logistics projects with a total area of over 1 million sqm, including 619,000 sqm of standing assets in the most sought-after locations. The company is planning to further expand in the coming years.

The firm’s transaction team was headed by Piotr Fedorowicz, a partner in the corporate department and the real estate practice. The transaction team comprised: senior associate Tomasz Bąkowski, senior associate Izabela Skrzypczak, associate Michał Kostewicz and associate Mateusz Konopka.