Dentons’ Real Estate team in Warsaw advised Hines Poland Sustainable Income Fund (HPSIF) - the investment fund managed by Hines Polska, on the sale of a portfolio of six distribution parks and the Nord Point office building to the Chinese investor CGL Investment Holdings Corporation Limited.

The portfolio divested by HPSIF includes Portfolio Distribution Park consisting of five logistics parks (DP in Garwolin, Grodzisk Mazowiecki, Legnica, Mysłowice and Toruń), as well as Distribution Park Żerań together with the Nord Point office building. Total leasable area of all these facilities exceeds 170,000 sq. m. Most of the real properties are build-to-suit projects (BTS), created for the special needs of leading companies from the food, cosmetics, automotive and logistics sectors.

Paweł Dębowski, Head of Dentons’ Europe Real Estate team, supervised the transaction. Counsel Maciej Jodkowski led the team including associates Karol Lewandowski, Katarzyna Ławińska and Wiktor Wacławski.

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