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Legal & General acquires urban logistics scheme for €25.4m (GB)
Legal & General acquires urban logistics scheme for €25.4m (GB)

LGIM Real Assets, acting on behalf of its Managed Property Fund, has acquired a 139,288ft² urban logistics scheme in Basildon for €25.4m (£23.2m). The scheme, which sits across ...

Montea teams up with Impec for German expansion
Montea teams up with IMPEC Group for German expansion

After Belgium, France and the Netherlands, Montea is now expanding into the German market. For the expansion, the company has entered into a partnership with the IMPEC ...

Union Investment acquires Dutch logistics facility
Union Investment acquires Dutch logistics facility

Union Investment has acquired a logistics project in Almere, the Netherlands, from construction company Aan de Stegge Twello. A total of 34,000m² of rental space will be built on the ...

LondonMetric invests €80.6m in retail and logistics real estate (GB)
LondonMetric invests €80.6m in retail and logistics real estate (GB)

LondonMetric Property has acquired two properties for a total consideration of €80.6m (£72.9m). Both transactions had previously been identified by the Company at the ...

Harworth acquires industrial scheme in West Midlands for €11.2m (GB)
Harworth acquires industrial scheme in West Midlands for €11.2m  (GB)

Harworth Group has acquired Thorns Road Industrial Estate, near Dudley, the West Midlands, from Xandor Automotive Brierley Hill for €11.2m (£10.1m) plus acquisition costs.  The ...

Arrow Capital Partners launches €2.7bn logistics venture (IE)
Arrow Capital Partners launches €2.7bn logistics venture (IE)

Arrow Capital Partners has launched its €2.7bn ($3bn) SIRE investment business in Ireland and has the capital to invest over €200m over the next 24 months in an industrial and urban ...

SEGRO exits Austria with sale of City Park Vienna
SEGRO exits Austria with sale of City Park Vienna (AT)

SEGRO plc has sold City Park Vienna, comprising a cross-dock warehouse, a recently developed urban warehouse park and development land, to Nuveen Real Estate. The asset sold for €65m, in line ...

Urban logistics continues to be the star performer in Europe
Urban logistics continues to be the star performer in Europe

Despite Covid-19, investors have continued to pile into European urban logistics, spending €3.7bn between January and May 2020, a growth of 7% year on year (yoy), according to RCA data analysed ...

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