GREYKITE European Real Estate Fund and affiliates announce the creation of Silverdock, its European logistics platform, which, following last year’s 13-asset pan-European portfolio acquisition from Logicor and three new additional off-market transactions, currently totals €800 million ($900 million) of assets under management.
The United Kingdom add-on portfolios, acquired in three separate transactions, total approximately 4 million square feet across 13 properties and deepen the fund’s presence in key, predominantly urban, submarkets, characterized by a critical undersupply of high-quality, well-connected logistics space.
Consistent with GREYKITE’s track record of partnering with best-in-class operators, the U.K. portfolio will be managed by Canmoor, a U.K. logistics operator with a strong track record in asset performance and operational excellence. The fund has also partnered with Bowery, a leading European logistics operator, to manage the assets in Contin