P3 has been operating across Europe since 2001, when we first established our headquarters in Prague, Czech Republic.
We´ve come a long way since 2001, when we opened up our offices in Prague and started buying our first development sites in CEE. Since that time, we’ve changed our name and expanded across the continent. We now have offices in nine countries in Europe, staffed by dedicated international teams working closely together and coordinating across borders to provide our customers with the services and facilities they need in 11 countries.
P3’s pan-European portfolio reaches 165 warehouses for a total of 3.5 million m2 of standing assets in nine countries plus a land bank of more than 1.8 million m2 for further development
P3 is acquired by GIC, Singapore's sovereign wealth fund
P3 acquires two logistics parks in Poland and one in Romania
PointPark Properties almost doubles in size with significant acquisitions in the Czech Republic and Italy.
The company adopts P3 as its corporate brand, updates its logo and starts using the trade name P3 Logistic Parks to better reflect its core business
TPG, a leading global private investment firm, and its partner Ivanhoé Cambridge, one of the world’s largest real estate companies, together buy PointPark Properties.
New office opens in London
New office opens in Bucharest
P3 takes over management of all of Arcapita´s Western European assets
New office opens in Paris
Pinnacle changes its name to PointPark Properties and rebrands itself
New management team appointed
New office in Frankfurt
Arcapita Industrial Management, the logistics warehouse investment management subsidiary of Arcapita Bank B.S.C.(c), buys Pinnacle’s warehouse development and asset management business from Merrill Lynch
New office in Warsaw
Merrill Lynch acquires a controlling stake in Pinnacle
Pinnacle expands across Central and Eastern Europe by starting operations in Slovakia and Poland
New office in Bratislava
Pinnacle is established as an international developer in the Czech Republic, with its headquarters in Prague
The company purchases development sites across CEE