European Logistics Investment (ELI), a leading logistics investment platform in Poland, has secured EUR 136 million in financing from PKO Bank Polski. The proceeds were utilised to consolidate and refinance existing stand-alone facilities at various developments. 

“Each financing transaction represents not only another important milestone in the growth of European Logistics Investment, but also a strong market endorsement of our long‑term investment strategy. Our cooperation with PKO Bank Polski and the trust placed in us are of key importance to our continued development,” says Pieter Prinsloo, Chief Executive Officer at European Logistics Investment.

“The secured EUR 136 million will enable us to optimize our ongoing operations by ensuring long-term, stable financing on highly favourable terms, in partnership with such a reliable institution as PKO Bank Polski. This allows us to maintain a strong focus on operational excellence, sustainable development and creating value for our tenants and business partners, further strengthening ELI’s position as one of the key players in the logistics and industrial real estate market in Poland,” adds Artur Gniazdowski, Senior Vice President Finance at Griffin Capital Partners.

The financing marks an important step of ELI’s long-term growth strategy, aimed at further strengthening the company’s position as one of the leading providers of modern logistics and industrial space in Poland. ELI’s current portfolio comprises properties with a total gross leasable area (GLA) of 1.2 m sqm.

The parties were advised by law firms Addleshaw Goddard Poland and Dentons.