Hines Poland Sustainable Income Fund expands its logistics portfolio.

Hines Poland Sustainable Income Fund (HPSIF) has acquired a logistics portfolio from NBGI Private Equity. Five warehouse facilities account for a total of 126,289 square meters.

The portfolio includes logistics parks in Toruń (30,308 square meters), Mysłowice (27,981 square meters), Legnica (26,030 square meters), Garwolin (25,940 square meters) and Grodzisk Mazowiecki (16,030 square meters). The exclusive tenants of the facilities are Cereal Partners Worldwide, Intermarche, Faurecia Automotive, Avon and Gefco respectively. All properties are located near key communication routes ensuring convenient domestic and international transport.

The law firm Clifford Chance and the consulting firm CBRE represented HPSIF throughout the transaction. The seller was advised by the law firm Dentons as well as the international firm JLL. The transaction was financed by ING Bank, a branch of ING-DiBa AG.