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 […]
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., […]
Read More… from Crossbay’s first portfolio bought by Prologis for €1.6bn
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. […]
Read More… from Crossbay acquires German warehouse portfolio from Tristan Capital
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 […]
Read More… from Thor Equities Group closes sale of Prime European Logistics Portfolio to Crossbay
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 […]
Read More… from Crossbay appoints former Mirastar investment director as head of acquisitions
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 […]
Read More… from Crossbay expands presence in Spain with €60m Barcelona acquisition
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 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 […]
Read More… from Crossbay expands into Poland with double acquisition in Łódź and Warsaw
· Bazarchic to take 15,860 sq. m. of warehouse space close to Paris city centre on a nine-year lease · Bazarchic plans to transfer all its logistics operations to Crossbay, taking additional space within the platform’s French portfolio · France is a key target for acquisitions for Crossbay, which aims to have €500m AUM in […]
Read More… from Crossbay signs up luxury e-commerce specialist Bazarchic as a tenant
Loan will refinance last-mile portfolio in Italy that sits in the ‘Hour’ fund, managed by Kryalos SGR on behalf of Crossbay Announcement follows €400m facility from Citi to finance assets in core western European markets Facilities will help fund Crossbay’s continued growth and expansion across Europe Crossbay, the first pan-European logistics platform to focus on […]