P3 wins CEE warehouse investor of the year award
12/11/2015

P3, specialist European owner, developer and manager of logistics facilities, won the warehouse investor of the year award at EuropaProperty’s 5th annual CEE Investment and Green Building Awards at a ceremony held in Warsaw.

EuropaProperty’s CEE Investment Awards recognise and honour excellence in the CEE region’s investment sector. The awards are given to companies that have demonstrated the best overall investment performance and completed significant transactions that have produced consistent results and have a high likelihood of continuing to be profitable investments in the future.

The award was made for P3’s acquisition of a portfolio of three logistics parks ‑ two in Poland and one in Romania with a combined total of 467,000 m² of lettable space ‑ from CA Immobilien Anlagen AG in February 2015. It also included almost 165 ha of land for development. One of the most significant investment deals of the year, the purchase increased P3’s total warehouse portfolio to 2.9 million m² (it has since increase to over 3 million m²) and confirmed the company’s status as one of the leading pan-European logistics warehouse providers.

Ian Worboys, P3´s CEO, said: “It’s a real honour to receive this prestigious award, which recognises the work of the whole P3 team. The portfolio acquisition marked an important step forward in our expansion in CEE. We are also growing in other countries in CEE, such as Poland and the Czech Republic, which are now considered core markets for European logistics as well as in Western Europe. Our aim is to be able to fulfil our customers requirements across the continent.”

The three parks in the portfolio (now all rebranded as P3 parks) are:

  • P3 Błonie - located c30 km west of Warsaw and comprising 177,000 m2 and 17 ha of land available for development.
  • P3 Piotrków ‑ in central Poland and comprising 75,000 m2 with scope for up to 431,256 m2 of new development.
  • P3 Bucharest ‑ close to the Romanian capital and comprising 215,000 m2 with 40ha of land for potential development.

Julie Svárovská
Business Development Manager Europe
+420 731 435 734
julie.svarovska@p3parks.com
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