B2RLaw has advised South African-based Fortress Reit Limited on a logistics and warehousing acquisition of a property in the Silesia region of Poland.
Fortress Reit is a South African owner and developer of core, premium-grade logistics real estate.
According to B2RLaw, “the acquisition was made with the purpose of developing a modern logistics hub in Zabrze, in the vicinity of the city, and in close proximity to a junction of the A4 motorway and existing retail parks. The development will offer a leasable area of up to 115,000 square meters of modern logistics space.”
Earlier this year, B2RLaw advised Fortress Reit on its agreement with Polish industrial developer MDC2 for the development of the MDC2 Park Lodz South warehouse project (as reported by CEE Legal Matters on February 2, 2022).
B2RLaw’s team included Senior Partner Rafal Zieba, Counsel Filip Badziak, Senior Associates Aleksandra Karteczka – Gurgul, Piotr Leonarski, and Radoslaw Minh Nguyen, and Associate Michal Blados.
B2RLaw did not reply to our inquiry on the matter.