ARTICLES LABELLED WITH TAG Torus

Torus has signed a €20 million facility agreement with PKO Bank Polski, Poland’s largest financial institution, securing financing for Punkt, its latest office investment in TriCity. DLA Piper facilitated the transaction, providing legal support.

Greenstone, a private equity fund, has finalized the acquisition of the remaining 20% stake in the Format office building from Torus, becoming the sole owner of the property. This follows Greenstone's initial purchase of an 80% stake in Format in May 2024. Just like in the first transaction, the seller was supported in this process by Cushman & Wakefield. The value of the deal has not been disclosed. 

Torus Logistics and BTV announced the successful completion of Gdynia City Logistics, a logistics and office hub located on Północna Street in Gdynia. The facility, featuring approx. 21,650 sqm of warehouse space and 1,500 sqm of modern offices, is now fully operational.

Torus Group and J&T Banka have announced their signing of a loan agreement for Gdynia City Logistics - an urban logistics park developed and managed by the borrower.

Private equity fund Greenstone has acquired an almost 80% stake in a special purpose vehicle owning the Format office building in Gdańsk. The vendor was Torus, which was advised during the transaction process by global real estate services firm Cushman & Wakefield and law firm Greenberg Traurig. The buyer was advised by LegalKraft and Trebbi. The price has not been disclosed.

A new inner city warehouse, Gdynia City Logistics, will be built in Gdynia on Północna Street, just 9 km from the city centre, less than 30 minutes drive from the airport and 10 minutes from Gdynia Port. Torus, as part of the diversification of its operations under the name Torus Logistics and in cooperation with BTV Real Estate, has just received a decision on land development conditions.

The construction of the Punkt (Point) office building has begun in Wrzeszcz district of Gdańsk. This is a new and - after Officyna - another investment conducted by Torus in this part of the city. The building will offer nearly 13,000 square metres of leasable area