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Sign in Sign up for a FREE subscriptionEuropa Capital completes €270m logistics portfolio sale to Arrow Capital Partners
Europa Capital, a pan-European real estate investment manager, acting on behalf of its pan-European funds, Europa Fund V (EFV) and Europa Fund VI (EFVI), has completed the sale of a Dutch and German portfolio of urban logistics and warehouse assets to Strategic Industrial Real Estate (SIRE), Arrow Capital Partners’ platform backed by Cerberus.
The purchase price was €270 million ($320 million).
The 38-asset portfolio is concentrated in key logistics and urban markets along major transport corridors in the Netherlands and Germany. In total, it provides 360,000 square meters (3.9 million square feet) of space and is leased to a diverse range of ecommerce and third-party logistics occupiers, including Lekkerland, Deutsche Post Immobilien (DHL), Dutch Organic International Trade B.V., Fahrrad XXL Feld GmbH, and CWS boco Deutschland GmbH.
The assets, which have been amassed since August 2018, were originally acquired by Europa Capital on a transaction-by-transact
