URBZ Capital (URBZ) expands its urban logistics portfolio with a strategic acquisition in Birmingham, United Kingdom on behalf of Ivanhoe Cambridge. This acquisition marks URBZ's entry into the UK market, further expanding its managed portfolio and leveraging its expertise in the European last-mile sector.
The facility of around 16,500m2 is fully leased to DHL and strategically located on an extensive freehold land of c. 44,200m2 within Hams Hall Distribution Park. Hams Hall is located just 20 minutes from Birmingham city centre and its central position in England together with exceptional connectivity enables 7.5 million consumers to be reached within an hour's drive. The property is located on the eastern edge of the park on Edison Road, which feeds Lichfield Road and provides direct access to the M42 and M6 Toll Motorways.
The acquisition is part of a successful partnership between Ivanhoé Cambridge and URBZ, which has resulted in the exchange of 26 assets across 10 conurbations in the Netherlands, the United Kingdom, Germany, and Sweden since its launch in Q2 2021.
DTRE, Nova-Ambiente, Savills, and Hogan Lovells assisted URBZ in this acquisition.
