Europa Capital completes €270m logistics portfolio sale to Arrow Capital Partners

Europa Capital, the pan-European real estate investment manager, acting on behalf of its pan-European funds, Europa Fund V (“EFV”)  and Europa Fund VI (“EFVI”) has completed the sale of a Dutch and German portfolio of urban logistics and warehouse assets to Strategic Industrial Real Estate (“SIRE”), Arrow Capital Partners’ platform backed by Cerberus.  The purchase price was €270m.

The 38 asset portfolio is concentrated in key logistics and urban  markets along major transport corridors in The Netherlands and Germany. In total, it provides c.360,000 sq. metres of accommodation and is let to a diverse range of e-commerce and 3PL occupiers including Lekkerland, Deutsche Post Immobilien (DHL), Dutch Organic International Trade B.V., Fahrrad XXL Feld GmbH, CWS boco Deutschland GmbH.

Read the full press release now at the link below