LondonMetric acquires Savills IM fund for £122.2m
LondonMetric has acquired Savills IM UK Income and Growth Fund for £122.2 million, reflecting a blended yield on cost of 4.3% and an anticipated...
Blackstone launches logistics platform in India
Blackstone has launched a logistics platform in India, Horizon Industrial Parks, a portfolio of logistics parks owned and managed by Blackstone Real Estate funds....
Allianz Real Estate grows global logistics portfolio to €11.6bn in 2021
Allianz Real Estate has increased its global logistics portfolio to €11.6 billion in assets under management as at the end of 2021, up 32%...
KanAm’s fund grows logistics portfolio in Germany
KanAm Grund Group has purchased the seventh logistics asset, the Lambda property, in Germany for its open-ended real estate investment fund Leading Cities Invest.
Located...
Duke Realty rejects Prologis’ $24bn acquisition offer
Duke Realty Corp. has rejected a nearly $24 billion acquisition offer from Prologis.
Under the terms of Prologis’ May 10, 2022 proposal, Duke Realty shareholders would...
Invesco, Panattoni sell airport logistics park in Gdansk
Invesco Real Estate and its joint venture partner Panattoni have sold a Grade A airport logistics park with a total lease area of c....
St. Modwen expands London logistics portfolio with £80m acquisition
St. Modwen has expanded its logistics portfolio in London with the acquisition of Westlands Industrial Estate in Hayes for £80 million.
The estate, which comprises three high-specification...
Logos, Manulife establish South Korea logistics venture with $200m seed asset
Logos and Manulife Investment Management have established Logos Korea Core Venture to invest in logistics facilities in South Korea.
The partnership announced the acquisition of...
Cromwell, Carlyle acquire five logistics assets in Nordics
Cromwell Property Group has acquired five logistics assets in the Nordics in three separate transactions.
Cromwell said these acquisitions are part of a new...
Verdion acquires urban logistics site in Gothenburg
Pan-European logistics specialist Verdion has acquired an urban logistics site in Gothenburg, Sweden, for a new facility with an anticipated GDV in excess of...
Boreal IM, Cadillac Fairview buy logistics assets in Barcelona and Paris for €70m
A joint venture between Boreal IM and Cadillac Fairview has purchased logistics assets in Barcelona, Spain and in Paris, France for €70 million.
The joint...
Kennedy Wilson to add new industrial units to UK portfolio
Development has commenced at two new industrial units totaling more than 250,000 square feet at Vaughan Park, a 28-acre industrial estate in the Black...
