Martley Capital has completed the sale of two Polish warehouse assets from their Polish value add fund, known as POLAF. The assets are located in Długołęka and in Oleśnica, both in the Wroclaw Industrial Hub. The buyer and the price have not been revealed.
The warehouse assets are located close to express roads, enabling easy access to Czechia and Germany. They offer circa 21,500 sqm GLA altogether and are multi-let to a combination of local and national tenants. The Długołęka asset is fully let with a WAULT to break of 2.1 years, providing a single logistics building divided into multiple smaller units. The Oleśnica asset is 100 pct let with a WAULT to break of 4.9 years, providing two urban logistics units let to two long-term tenants.
Martley Capital was launched in December 2023. It has five offices across the UK and Europe and circa GBP 900 mln in assets under management across 21 mandates.