Martley Capital has completed the sale of two Polish warehouse assets from their Polish value add fund, known as POLAF. The assets are located in Długołęka and in Oleśnica, both in the Wroclaw Industrial Hub.
24 January 2025 | 12:31
Martley Capital has completed the sale of two Polish warehouse assets from their Polish value add fund, known as POLAF. The assets are located in Długołęka and in Oleśnica, both in the Wroclaw Industrial Hub.
The warehouse assets are located close to express roads, enabling easy access to Czechia and Germany. They offer circa 21,500 sqm GLA altogether and are multi-let to a combination of local and national tenants. The Długołęk asset is fully let with a WAULT to break of 2.1 years, providing a well serviced single logistics building divided into multiple smaller units. The Oleśnica asset is 100 pct let with a WAULT to break of 4.9 years, providing two modern urban logistics units let to two long term tenants.
Martley Capital has a strong conviction on the Polish market, particularly the industrial and logistics sector, with a view that the current market provides an opportunity to acquire assets within strong sub-markets that benefit from good occupational dynamics at significant discounts. Martley intends to deploy capital in the Polish industrial and logistics market and is currently building a pipeline on behalf of investors. This is alongside Martley’s other strategies that typically have an opportunistic and value add focus, covering credit, equities and direct real estate, taking advantage of the current dislocation in the real estate markets.
Martley Capital was launched in December 2023. It has five offices across the UK and Europe and circa GBP 900 mln in assets under management across 21 mandates.
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