Savills IM awarded at 10th annual CEE Investment & Manufacturing Awards
30 October 2020
Savills IM was recognised in October’s 10th annual CEE Investment & Manufacturing Awards, organised by EuropaProperty.com.
We were awarded the first-place prize in two firm-wide categories:
- Warehouse Investor
- Investment Asset Management Firm
We also took home a joint prize with Panattoni in the deals category, while Panattoni was separately recognised for a transaction in which we represented the buyer:
- Investment Deal EUR 20-50 million – Panattoni sells distribution centre to Savills IM: We acquired the Grade A distribution centre near the strategic CEE area of Wrocław in February on behalf of European Logistics Fund 3 (ELF 3) for EUR 33 million, marking the third distribution centre we had purchased from Panattoni.
- Investment Deal EUR 100 million+ – Panattoni sells five logistics parks to an Asian investor: Kajima Properties Europe – leading property investor, developer and asset manager – and Savills IM launched a new strategic partnership in August with the completion of the acquisition of Panattoni Europe’s interest in the 144,880 sq m Łódź City VI logistics park in central Poland.
The above acknowledgements reflect our continued strong performance in the logistics sector, an area that has shown resilience throughout the pandemic and where Savills IM has solidly emerged as a market player. This year alone we have allocated nearly EUR 430 million to the sector in Poland, bringing the total area of our Polish logistics assets to more than 1 million sq m, worth c. EUR 800 million.
More details on the 10th annual CEE Investment & Manufacturing Awards and winners can be found here.
CONTACT US
Citigate Dewe Rogerson
Patrick Evans |
Stephen Sheppard
+44 (0)20 7025 6400
SavillsIM@citigatedewerogerson.com