Redevco, one of Europe’s largest privately owned real estate managers, acquired a logistics fleet facility in Widnes, U.K., comprising approximately 560,000 square feet across a 17-acre site. The acquisition further strengthens Redevco’s logistics footprint in industrial outdoor storage (IOS), expanding it to 5.2 million square feet and €155 million ($176 million) in assets under management across 11 assets. The facility is fully leased to Jaguar Land Rover and operated by DHL, supporting supply chain operations linked to JLR’s Halewood manufacturing plant in northwest England. The asset provides a combination of warehousing and vehicle maintenance functions, reflecting its critical role within the wider automotive logistics network.
“This acquisition is a strong addition to our growing logistics platform and underlines our conviction in the IOS sector. Assets of this scale, location and tenant quality are increasingly scarce, yet essential to the efficient function
