Jocelynn Harley - Crossbay

React News Q&A with Marco Riva and Michelle Doran

Posted on 22/02/2023 (22/02/2023)

Our CEO Marco Riva and Chief Client Officer Michelle Doran spoke with Elena Dragulele of React News on the €1.6bn exit of our first portfolio, our strategy going forward, and the wider market conditions. “[O]ccupier demand is definitely still being driven dramatically by e-commerce. E-commerce is very much still growing and continental Europe is still very much behind Asia or the US or […]

Crossbay featured in PERE’s 2023 Logistics Report

Posted on 22/02/2023 (22/02/2023)

PERE’s 2023 Logistics Report observes a busy year for our urban logistics platform, Crossbay. The report covers the €1.6bn sale of Crossbay’s first portfolio to Prologis, one of the biggest European real estate transactions of the year and a nominee for PERE’s deal of the year. Weeks later it announced the launch of its second vehicle, […]

MARK secures €250m debt facility from Citi to fund initial growth of second Crossbay portfolio

Posted on 06/10/2022 (19/10/2022)

Financing from Citi will fund first wave of acquisitions for new Crossbay vehicle, which will enter new markets such as the UK, Denmark and Sweden Crossbay II will target over €2bn in AUM, with a continued focus on aggregating single-tenanted last-mile facilities in urban infill locations by Europe’s core cities New fund follows sale of […]

Crossbay’s first portfolio bought by Prologis for €1.6bn

Posted on 15/09/2022 (13/10/2022)

One of Europe’s largest pure play urban logistics portfolios sold for €1.585 billion Investors included Townsend Group, Nuveen, CBRE GI, QInvest LLC and Credit Suisse Asset Management Crossbay, the urban logistics platform of pan-European real estate investment manager MARK, has completed the sale of its first portfolio to the world’s largest logistics REIT, Prologis inc., […]

Crossbay acquires German warehouse portfolio from Tristan Capital

Posted on 29/06/2022 (13/10/2022)

EPISO 5, a fund managed by Tristan Capital Partners (‘Tristan’), has sold a portfolio of warehouse assets located in Germany to Crossbay, the urban logistics platform for leading pan-European real estate investment manager MARK. The portfolio consists of three assets delivering c. 42,000 sq m of high-quality logistics floorspace. All three assets are fully leased. […]

Thor Equities Group closes sale of Prime European Logistics Portfolio to Crossbay

Posted on 23/05/2022 (23/05/2022)

Thor Equities Group, a leader in urban real estate development, leasing, and management, has completed the sale of a European warehousing portfolio to Crossbay, the urban logistics platform of pan-European investment manager MARK. The high-quality portfolio of eight assets includes existing warehouses and development sites on the outskirts of major cities in Spain, France, and […]

Crossbay appoints former Mirastar investment director as head of acquisitions

Posted on 06/05/2022 (06/05/2022)

One of Europe’s largest and first urban last-mile logistics platforms appoints head of acquisitions Amos Chia was part of founding team at logistics and industrial specialist Mirastar, which formed a JV with KKR in 2020 Chia will work closely with Crossbay’s head of logistics Marco Riva to expand its fast-growing last-mile platform Crossbay, one of […]

Crossbay expands presence in Spain with €60m Barcelona acquisition

Posted on 21/01/2022

Pan-European urban logistics platform acquires 43,000 sq m last-mile logistics warehouse on outskirts of Barcelona Acquisition takes Crossbay’s Spain portfolio to over 150,000 sq m across 12 assets Crossbay has acquired almost 120 assets since launch in May 2020 as part of €1.5bn AUM expansion strategy Crossbay, the pan-European urban logistics platform incubated by real […]

Crossbay completes the acquisition of multi-storey urban logistics asset in Saint Denis

Posted on 01/11/2021

Crossbay has acquired a 7,500m multi-storey urban logistics asset in Saint Denis, a few kilometers outside of Paris The acquisition brings Crossbay’s France portfolio to 20 properties with a collective value of €180 million Crossbay aims to secure €500 million in assets under management in France within the next two years Crossbay, the first pan-European […]

Crossbay expands into Poland with double acquisition in Łódź and Warsaw

Posted on 22/10/2021 (01/11/2021)

Crossbay has acquired c. 100,000 sq m of warehouse space in Warsaw and Łódź Acquisitions form key part of €1.5 billion AuM pan-European expansion strategy Crossbay is planning further acquisitions in Poland over coming months Crossbay, the pan-European urban logistics platform incubated by real estate investment manager MARK, has acquired its first two assets in […]

Author: Jocelynn Harley

Posts by Jocelynn Harley