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LOG IN’s second investment in Poland

Krakow has lured another major player in the logistics segment. The LOG IN fund acquired an industrial property in Nowa Huta in a sale-and-leaseback agreement. This is the platform’s second acquisition in Poland.

• Principal Asset Management purchased a 16,300 sq m warehouse in Krakow.
• The transaction was completed in a sale-and-leaseback agreement for the LOG IN fund.
• The tenant signed a new 10-year triple-net lease agreement.
• This is the LOG IN fund’s second investment in Poland, following the purchase in Tychy.
• The facility will undergo environmental modernization, including an analysis of the installation of photovoltaics.

Another LOG IN investment in Poland

Principal Asset Management has expanded its warehouse and industrial portfolio in Poland. According to information provided by the company, the company has acquired an industrial property in Krakow with an area of ​​16,281 sq m. The transaction was conducted on behalf of the European logistics fund LOG IN, managed by Theoreim.

The purchase was completed under a sale-and-leaseback agreement, meaning the previous owner sold the property and then retained it as a tenant.

10-Year Lease Agreement

The property is occupied by a European industrial company operating in several countries and with multiple production facilities. The tenant has signed a new 10-year triple-net lease agreement.

Under this model, all operating, maintenance, and repair costs are borne by the tenant.

Location in Nowa Huta

The property is located in the industrial area of ​​Nowa Huta, in the eastern part of Krakow. The location provides direct access to the A4 motorway, one of the most important logistics routes in southern Poland.

The warehouse was built in 2001 and modernized in 2008. The facility features:

• six loading docks,
• four ground-level doors,
• floor load capacity of up to 5 tons per square meter,
• storage height of up to 13.5 meters in the halls.

Energy Modernization Plan

According to Principal Asset Management, the property will be subject to an environmental modernization program consistent with the fund’s SRI strategy.

Investments to improve the facility’s energy efficiency are planned in the first few years following the acquisition. Considerations include:

• installation of photovoltaic panels,
• optimization of energy consumption,
• solutions supporting the tenant’s environmental transformation.

Discussions with the property owner regarding this matter have already begun.

Second Acquisition in Poland

The transaction in Krakow strengthens LOG IN’s presence in the Polish market. The fund completed its first investment in Tychy in 2025.

“The acquisition of the property in Krakow confirms our ability to operate in competitive markets and support leading industrial users. Thanks to this transaction, LOG IN’s portfolio has grown to 20 properties, and Poland is becoming an important destination for the fund’s further expansion,” said Guillaume Masset, Head of Transactions and Asset Management for Europe at Principal Asset Management.

Poland Increasingly Important for Logistics Investors

According to fund representatives, Poland remains one of the key growth markets for the logistics sector in Europe.

“This sale-and-leaseback transaction allows us to expand our presence in Poland – a market driven by the development of the industrial and logistics infrastructure. At the same time, it strengthens the geographic diversification of the LOG IN portfolio – no single country accounts for more than 25% of the fund’s assets,” emphasized Romain Welsch, CEO of Theoreim.

LOG IN Portfolio Growing in Europe

The LOG IN fund, launched in 2022, is the first French investment fund focused exclusively on logistics real estate in Europe.

The portfolio currently comprises 20 assets located in the United Kingdom, Spain, Italy, Ireland, Poland, and Germany.

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source: https://www.propertynews.pl/