PATRIZIA closes GLI urban logistics investment platform as new sidecar to TransEuropean VII with circa EUR 1 billion firepower to invest

PATRIZIA AG announces the final close of its GLI platform, a London urban logistics sidecar investment to its flagship discretionary value add fund, TransEuropean Property VII LP.

PATRIZIA AG, a leading partner for global real assets, announces the final close of its GLI platform (“the Platform”), a London urban logistics sidecar investment to its flagship discretionary value add fund, TransEuropean Property VII LP (“TEP VII” or “the Fund”), with a further EUR 750 million to invest.

The Platform, which will be operated by PATRIZIA, on behalf of its institutional clients, is structured as a joint venture (“the JV”) with KSP, a specialist in the logistics asset class and last mile submarket who will act as local operating and development partner.

You can read the full press release at the link below