BNP Paribas REIM announces the acquisition of the second largest e-commerce centre in Europe

BNP Paribas REIM acquired on behalf of Vestas Investment Management the second largest and most advanced e-commerce centre in Europe. It is the first acquisition of Vestas European Logistic Fund that aims to invest further € 250 mln in European Logistics asset by the year end.

Located in Poland near Szczecin, the building was delivered in September 2017 by Panattoni Europe and is one of the most advanced projects worldwide that develops 161,500 sqm over three floors. More than 3,000 robots have been put in place to support the employees, using robotics technology.

Xavier Mouette, Head of Key Client Group of BNP Paribas REIM, comments: “This transaction is another success of our new setup supporting our clients in their European investment strategy. After having also successfully contributed to the acquisition of So Ouest Plaza last year in Paris, we are currently working on other transactions on behalf of international clients. Our aim is to further grow this activity in the years to come to reinforce our strong position in the separate mandate business.”

With this operation, BNP Paribas REIM strengthens its position as a trusted partner for major international clients who invest in the European real estate market.