Europa Capital, the pan-European real estate investment manager, announces the launch of the British Light Industrial Platform for its latest value-add fund, with a £27 million (€30.6 million/$36.8 million) seed portfolio of three industrial assets, which have been assembled through individual transactions. The investment program is being undertaken with Seven Dials, who will act as the platform’s asset manager.
The platform, which will target in excess of £100 million (€113.3 million/$136.3 million) of GAV over an 18-month period, is focused predominantly on income-producing last-mile logistics and warehouse investments that provide the opportunity to create value through active asset management, such as refurbishment, re-leasing activity and expansion through development.
The platform is designed to deliver attractive returns for the fund’s investors by capitalizing on the positive market trends near major U.K. cities, where rental growth is underpinned by
