Rymarz Zdort advised European Logistics Investment (ELI) on the signing of transaction documentation as well as the purchase of land and the construction of a hi-tech warehouse complex in Radom.
The investment of ELI, a dynamically developing logistics platform in Poland, and its strategic partner Panattoni will be realised for AZZ Inc., a manufacturer of specialty electrical equipment and components for various segments of the global power generation economy. AZZ Inc. is listed on the New York Stock Exchange. The facility will be constructed under a build-to-suit (BTS) formula and will offer 10,700 square metres of warehouse space, 2,100 square metres of office space and a car park for over 90 vehicles. The work is expected to be completed in the first quarter of 2021.
The firm’s transaction team was headed by Piotr Fedorowicz, an advocate and a partner managing the real estate practice. The transaction team comprised: Karolina Bakowska, an advocate and senior associate, and Michal Kostewicz, an associate.