Deutsche Hypo – NORD/LB Real Estate Finance has provided approximately EUR 38.454 million in financing to Clarion Partners Europe to facilitate its acquisition of the Panattoni Park Tricity South logistics facility near Gdansk.
As reported by CEE Real Estate Matters on March 21, 2025, Clarion Partners acquired Panattoni Park Tricity South II to Clarion Partners Europe for EUR 59 million. The financing provided by Deutsche Hype — NORD/LB Real Estate Finance — is divided into a five-year EUR 24.85 million property financing and a one-year EUR 13.604 million VAT loan.
The property, which was constructed in 2021 and 2022, consists of two logistics buildings totaling 78,486 square maters. It is fully let to five tenants, with the listed Polish clothing group LPP being the primary tenant. Building I has been awarded a BREEAM Very Good certificate, and Building II has a BREEAM Excellent rating.
“With Panattoni Park Tricity South we are adding a promising property in one of Poland’s most dynamic logistics hubs to our logistics portfolio,” said Georg Konig, Deutsche Hypo – NORD/LB Real Estate Finance. “We are delighted to have gained with Clarion Partners Europe a real estate investment fund manager specializing in high-quality logistics properties as a new client.”
Image source: www.clarionpartners.com