Thor Equities announces new logistics platform

Thor Equities has launched ThorLogis, a division specializing in the logistics sector.

The announcement of the division comes in conjunction with the acquisition of an industrial property in the Netherlands, a core location for green fulfillment and logistics in Europe, as well as the appointment of David Hunt-Cuadrado, managing director of Europe and head of logistics acquisitions. He was previously a European director with Blackstone’s European logistics platform, Logicor.

Following Thor Equities’ announcement to dive deeper into the life sciences sector, the company continues to diversify with the launch of ThorLogis, a global platform focused exclusively on the logistics asset class. While Thor is well versed in logistics and industrial real estate in the United States, having recently announced plans to forgo an office campus in favor of a last-mile warehouse in Brooklyn, the demand has accelerated abroad, and the division has closed on their first acquisition