The logistics sector is experiencing a significant investment influx from real estate funds, driven by the escalating demand for modern, efficient facilities to bolster e-commerce and supply chain operations. Several prominent funds have recently announced strategic acquisitions of logistics parks across Europe, capitalizing on this burgeoning market.
Panattoni’s Expansion in Iberia with Lisbon Logistics Park
Panattoni, a leading logistics-industrial real estate developer in Europe, has unveiled plans for its second logistics park in Portugal. The company acquired a 137,160 square meter plot in Loures, within the Lisbon metropolitan area, from Saint-Gobain. The new ‘Panattoni Park Lisbon City’ will comprise four modern, sustainable logistics buildings with a total gross leasable area of 85,000 square meters. This brownfield project will revitalize an underutilized site, contributing to environmental conservation and job creation in the local community.
Gustavo Cardozo, Panattoni’s Managing Director for Spain and Portugal, highlighted the company’s commitment to growth in the Iberian Peninsula, stating, “Portugal offers excellent conditions to invest in our sector and grow hand in hand with local and international companies operating in this country.” The logistics park will feature BREEAM ‘Excellent’ sustainable construction certification, a photovoltaic plant, and energy-efficient LED lighting, achieving a 30% reduction in carbon footprint.
East Capital Real Estate Fund IV’s Acquisition in Estonia
East Capital Real Estate (ECRE) fund IV has expanded its logistics portfolio with the acquisition of the J13 logistics park in Tänassilma, just outside Tallinn, Estonia. The fully leased park comprises 40,000 square meters of modern logistics facilities, strategically positioned to serve the Baltic region’s growing logistics and distribution needs.
Valor’s Entry into Dutch Last-Mile Market
Valor Real Estate Partners, an urban logistics specialist, has made its foray into the Dutch last-mile market by acquiring a 24,079 square meter urban logistics property in North Amsterdam from Aldi. This strategic acquisition positions Valor to capitalize on the growing demand for efficient last-mile delivery solutions in the Netherlands. While specific details are limited, reports indicate that Valor has been actively pursuing logistics acquisitions across Europe, aligning with the increasing demand for state-of-the-art logistics facilities.
BlackRock’s Acquisition in Sweden
BlackRock, a leading global investment management firm, has expanded its logistics portfolio with the acquisition of a prime 31,500 square meter logistics property in Jönköping, Sweden, from Infrahubs. The property, located in the Vaggeryd municipality, is a newly constructed, state-of-the-art logistics facility strategically positioned to serve the Swedish and broader Scandinavian markets.
As the logistics sector continues to evolve and adapt to changing consumer behaviors and technological advancements, real estate funds are well-positioned to capitalize on this growth opportunity through strategic acquisitions and development of modern, sustainable logistics parks across Europe. This trend underscores the pivotal role of the logistics sector in the current economic landscape and its potential for future growth.
