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Wojciech Sztuba Managing Partner, Tax Advisory TPA Poland E-mail
Joanna Henzel Manager, Tax Advisor TPA Poland E-mail

TPA Poland advised on warehouse acquisition for German fund HANSAINVEST

The warehouse market is booming and investors from all over the world are eager to invest in Polish warehousing and logistics space. This is confirmed, among others, by the recent large investment of HANSAINVEST, on which the TPA Poland team advised.

The COVID-19 pandemic has had an inhibiting effect on many types of real estate investments outside the warehouse sector.聽 Difficulties in brick-and-mortar retail have generated additional growth in e-commerce. The market for courier and logistics services has grown rapidly, and new solutions have emerged to further increase the competitiveness of e-commerce (e.g., parcel machines in Poland). As a result, modern and well-located warehouse facilities are the most desired type of property today,鈥 said Wojciech Sztuba, tax advisor, Managing Partner, TPA Poland. 鈥淲e are glad that we could once again accompany HANSAINVEST in another investment in our country, and the first one on the warehouse market.鈥

One of the latest transactions in this market was the purchase of warehouse facilities located in Pozna艅 and Wroc艂aw with a total area of over 43,000 sqm by the HANSAINVEST fund.

The assets were built between 2020 and 2021 at two key transportation hubs in western Poland. Each of these properties is fully let. In Pozna艅, the main tenants include the international courier company DPD, a group operating in the consumer goods industry, and a food wholesaler. 1,600 sqm have been designated for office purposes, while the remainder is warehouse space. The facility in Wroclaw is leased by the Polish market leader in the production of medical masks and Selsey, a company specializing in furniture production. The office space is approximately 1,900 sqm.

鈥淭PA Poland’s team of experts supported the investor in the area of tax and transaction advisory. Identifying and mitigating tax risks, as well as ensuring tax compliance is one of the most important aspects of the entire process. 聽Our role is also to effectively support the client in the transaction process, which in addition to the parties to the transaction involves many experts, partners, as well as administrative authorities,鈥 commented Joanna Henzel, tax advisor, manager in the Pozna艅 office of TPA Poland.

HANSAINVEST invests in the real estate and infrastructure sectors. A company from the group, HANSAINVEST Real Assets GmbH manages assets worth approximately 鈧6.5 billion and includes office, retail, hotel, logistics and residential properties across 19 countries.

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Wojciech Sztuba Managing Partner, Tax Advisory TPA Poland Contact