Invesco Real Estate and Barwood Capital have formed a partnership to build a portfolio of urban/last mile high-quality industrial and logistics warehouses across the United Kingdom.
The strategic partnership will focus on creating sustainable industrial product through speculative development, asset management or re-positional opportunities, concentrating on locations with strong rental growth prospects and occupier demand.
“With further pressure on global supply chains, we recognize the need for ‘edge of town’ distribution assets as many firms reshape their operations to address the challenges of the ‘just in time’ delivery model,” said Andy Rofe, managing director at Invesco Real Estate Europe. “Partnering with a logistics specialist such as Barwood Capital, with their extensive U.K. network, industrial development and asset management expertise provides us with direct access to the U.K. industrial sector, with the potential to harness the considerable