International Industrial Properties (IIProp) is a growing logistics platform focused on investing in industrial and logistics space in key European markets. The platform is developed in partnership with Panattoni, a leading developer of industrial real estate in Europe and the US.

The platform was established in 2021, when it expanded across multiple European economies, securing first projects in the Netherlands and Poland, in parallel to expansion in the already established markets of Germany and Spain. The platform continued its expansion throughout 2022, by selectively adding projects in core Western European markets (France, Italy, Austria) and converting its well-positioned land bank into standing assets.

In 2023, the company sold three single-let logistics assets in Germany and Spain, totalling 70,000 sqm. The projects were located in Neuenburg am Rhein, Bensheim and in Murcia, Spain. All developments were leased to a blue-chip tenants on a long-term triple net lease basis.

The platform subsequently disposed of a pipeline project in Barcelona in early 2024, bringing the total disposal program to 107,000 sqm to date.

IIProp’s current portfolio comprises seven projects in key logistics hubs in the Netherlands, France, Austria, Italy, Poland. The total estimated GLA of IIProp’s secured projects amounts to ca. 342,000 sqm, of which over 146,000 sqm are stabilized assets. Future projects are strategically sourced within established Western European markets.

IIProp is owned by Madison International Realty and Griffin Capital Partners.