Last-mile platform Crossbay has acquired a new distribution centre located in Almere. The investor is adding approximately 10,524 square meters to its second portfolio. The recently acquired property is leased to an international company specializing in the development and sale of premium fitness equipment. The property was built in 1999/2008 and is designed to be […]
MARK Capital Management, a pan-European real estate investment manager, has achieved a final close for the latest vehicle in its urban logistics fund series, Crossbay. Crossbay II has secured €660m in total fund commitments, representing a 20% increase in fund size compared to the predecessor vehicle. Including debt financing, Crossbay II has a total investment […]
Read More… from MARK Capital Management secures €660m in equity commitments for Crossbay II
Last-mile platform Crossbay has acquired a new distribution center located in Venlo, adding 7,333 square meters to its second portfolio. The newly acquired property is leased to an international online retailer and distributor. This leading distributor is a reliable tenant with a strong market position in Western Europe, making Venlo an ideal location. The property […]
Read More… from Crossbay II Expands Further with the Purchase of a New Distribution Center in Venlo
Crossbay, the last-mile logistics specialist incubated by pan-European private equity real estate investment manager MARK, has acquired a warehouse in Paris from Ivanhoé Cambridge for an undisclosed sum. The 16,200 sqm warehouse is located north of Paris in the industrial area of Goussainville’, a prime logistics hub in the vincity of Paris Charles de Gaulles […]
Read More… from Crossbay acquires Paris warehouse off-market
‘We feel that urban logistics has the best fundamentals by far in the logistics sector,’ he told Property EU, citing restricted land supply and rising demand, which together are driving rental growth in Europe’s core cities. Increasing competition from alternative uses and rising construction costs make new development difficult, which is why Crossbay focused on […]
Kryalos SGR, a private and independent asset management company with €12.5 billion of AuM and one of the “significant asset management companies” according to the definition contained in the Bank of Italy’s Regulations, and Crossbay, the pan-European urban logistics platform incubated by MARK, have acquired a further three assets in Italy. The Bay Fund – an alternative […]
Read More… from Crossbay and Kryalos SGR add three assets to portfolio
Crossbay, the pan-European last-mile logistics platform incubated by real estate investment manager MARK, has completed an acquisition in Hamburg, Germany, purchasing two fully-let warehouses from a private real estate investor. Located in one of Hamburg’s strongest inner-city logistics markets, Allermohe, the assets are arranged across 7,000 sq.m, with immediate access to the A25 and A1 […]
Read More… from Crossbay adds two warehouses to German portfolio
Crossbay, the pan-European last-mile logistics platform incubated by MARK, has completed the acquisition of a 25,514 sq. m. warehouse in Almere, the Netherlands, for circa €25m. The transaction brings Crossbay’s Netherlands portfolio to over 65,000 sq. m. in size. The asset in Almere was acquired from AB Alternative, the real estate arm of Arab Bank Switzerland […]
Crossbay, the pan-European last-mile logistics platform incubated by MARK, has added over 500,000 sq.ft its UK portfolio with the acquisition of four assets for a combined total of over £80m (+€93.3m). Crossbay, which recently announced deals in Italy and the Netherlands as part of its new vehicle, has purchased initial assets in England’s Watford, Leeds […]
Read More… from Second Crossbay vehicle adds over 500,000 sq ft to UK portfolio
Crossbay, the pan-European last-mile logistics platform incubated by MARK, has added almost 40,000 sq.m to its new portfolio with the acquisition of three distribution centres in the Netherlands. Crossbay, which exited its first portfolio to Prologis for €1.6bn in September 2022, has acquired two fully-let assets in the Randstad region and one in Tilburg, South […]
Read More… from Crossbay adds 40,000 sq.m to Netherlands portfolio with triple acquisition