Arrow Capital Partners launches €2b industrial JV

Arrow Capital Partners, an international investor and operator of real estate in Europe and Asia Pacific, has partnered with one of the leading North American private equity investors in Europe to acquire a €2 billion ($2.2 billion) portfolio of European industrial and urban logistics properties for long-term ownership.

The strategic industrial real estate (SIRE) joint venture will invest in core-plus industrial and logistics assets yielding more than 5 percent as well as vacant assets with strong lease-up potential. It will focus on urban infill locations across Europe’s major cities and strategic transport hubs that are benefitting from structural trends in urbanization and e-commerce growth. The team at Arrow has historically been one of the largest owners of strategic industrial/urban logistics assets in Europe over the last 15 years.

“With SIRE, we are aiming to create value by acquiring and aggregating single assets ranging from €5 million to €100 milli