LX Pantos, a leading South Korean logistics company, has announced the acquisition of a significant logistics center in Katowice, Poland, to bolster its European expansion strategy. The acquisition was partially funded by Korean public funds.
The newly constructed logistics complex in Katowice, southern Poland, comprises five buildings totaling 109,000 square meters. LX Pantos invested 216 billion won ($148 million) in this strategic property.
The Katowice logistics center is currently under development and will be progressively launched, with full operational capacity expected in the first half of 2026.
LX Pantos partnered with the Korea Overseas Infrastructure & Urban Development Corp. and the PIS No. 2 Fund, a policy fund managed by the Ministry of Land, Infrastructure and Transport, for the acquisition. The Korea Ocean Business Corp. also provided additional financing for the deal.
The company anticipates that the Katowice center will become a crucial logistics hub for its European operations, facilitating supply chains for Korean businesses expanding within the region. Furthermore, it’s expected to play a vital role in logistics support for Ukraine’s reconstruction efforts following a potential ceasefire with Russia.
Several tenants have already committed to leases within the complex, ensuring a stable operational foundation.
Katowice is strategically located within a prominent manufacturing cluster focused on automotive, electronics, machinery, and chemical industries. The area is experiencing increased logistics demand, driven by ongoing investments, particularly in electric vehicles, batteries, and automotive components.
“Securing the Katowice Logistics Center holds immense strategic value, establishing a vital connection point for logistics operations across Europe,” stated LX Pantos CEO Lee Yong-ho.
“We are committed to accelerating our growth in the European logistics market, acting as a reliable partner in supporting the expansion of Korean companies throughout Europe.”
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