ARTICLES LABELLED WITH TAG DL Invest

Invesco Real Estate has completed its first mezzanine lending deal in Central Europe on behalf of Invesco Real Estate Europe Fund III – SCSp (Europe III). The €20 million loan has been secured against the BTS logistics facility in Psary (Upper Silesia, Poland), recently completed by DL Invest. 

Czech pharmacy chain Dr Max has leased 14,000 sqm in the latest stage of DL Invest Park Teresin. The warehouse complex is developed about 45 km west of Warsaw.

Macquarie Capital Principal Finance (Macquarie) has provided €123.4 million in the form of a senior secured loan to DL Invest Group. The three-year facility will be funded using capital from Macquarie’s balance sheet. 

The scale and number of transactions in storage real estate in Central and Eastern Europe makes it one of the fastest-growing markets on the old continent. Investors generally are following the growing demand for warehouse space resulting, among other things, from the growing role of e-commerce. At the same time, the strategic location on many north-south and east-west international routes makes the CEE region of Europe a highly desirable destination for warehouse locations. It is one reason why this sector is the only real estate segment currently experiencing year-on-year growth.

DL Invest Group has concluded a cooperation agreement with DHL Supply Chain Polska concerning the joint development of the logistics centre DL Invest Park Psary. Right next to the DK-86 route in Psary in Silesia, modern warehouse buildings with a total area of over 200,000 sqm will be constructed.