Crossbay

A fantastic achievement and recognition of our market-leading position in European urban logistics

Read Crossbay Chairman Marcus Meijer in PERE on how our focus on single-user distribution centres in gateway cities, and ability to aggregate granular, fragmented assets, creates a differentiated, cycle-agnostic proposition for investors

Teams from MARK Capital Management and our urban logistics strategy Crossbay will be attending MIPIM this year. We look forward to (re-)connecting with clients and contacts

📈 New Savills research says 2024 industrial and logistics European investment volumes were up 14% year-on-year 💶 Total industrial and logistics investment volumes in 2024 reached €37.9bn 📊 The industrial and logistics sector accounted for nearly a quarter of European commercial investment in 2024 🏭 From an occupational perspective, total European industrial and logistics take-up in 2024 hit 27.5m sq m – 4% higher than the pre-pandemic average 📉 Vacancy levels also fell by nine basis points to 6.06% 🏦 Interest rate cuts from the European Central Bank this year should stimulate the economy, putting further downward pressure on prime yields in Europe 🇪🇺 Having recently closed our latest pan-European fund, Crossbay is well placed to take advantage of the market recovery 🔎 Read the full analysis of Savills' findings in Green Street News: Europe by Harry Young:

📖 Worth reading this summary of Savills' latest review of global real estate capital markets, which signposts a continued transactional recovery in Europe and ongoing investor preference for urban logistics

🇪🇺 Crossbay Chairman Marcus Meijer shared his thoughts at a recent Institutional Real Estate Asia Pacific roundtable on the continued opportunity in European urban logistics and on how we are building a second portfolio, with a presence in Europe's major economies

🎉 This week, we marked a major milestone as our UK portfolio passed 1 million sq. ft. in size 🤝 This followed the acquisition of a single-let warehouse in Dartford, near Greater London 🏭 During 2024, we added c. 600,000 sq. ft. to our UK portfolio, carefully deploying ahead of the final close for Crossbay II in Q4 🇬🇧 We now manage 13 assets across the UK, focusing on major metropolitan hubs like Greater London and Manchester 🗣️ Commenting on our recent acquisitions, Crossbay CEO Marco Riva said: 'Our conviction in the UK is also informed by its high volumes of legacy stock that fail to meet today’s regulatory standards, making it strategically aligned with our focus on investments where reversionary potential and sustainability-linked outperformance can be unlocked through comprehensive refurbishment programmes.' Visit our website to learn more:

📢 Today we announced the acquisition of a single-let warehouse in Dartford near Greater London 🇬🇧 This transaction takes our UK portfolio to over 1 million sq. ft., having acquired c.600,000 sq. ft. of space during 2024 💬 Crossbay CEO Marco Riva said: “Sharply rebased values and the ongoing market recovery has created an attractive buying window in the UK and we see this extending into 2025. Being well capitalised and having a granular origination function means we are well placed to take advantage of this.” 🗞️ Read Green Street News: Europe coverage of our recent activity by Chris Borland:

🤝 Thanks to PERE for including the close of Crossbay II as one of the most significant milestones for the logistics sector in 2024. In its Industrial and Logistics Special Report, PERE describes 2024 as a year of increased investor appetite. 📈 This was evidenced in the expansion of our capital base and 20% growth in equity commitments, compared to Crossbay I. 🌍 According to PERE data, our second value-add vehicle was one of the top 10 logistics funds to have closed globally in 2024. 📰 Read the full report here: https://lnkd.in/eTg3zUe5

🗣️ Today we announce the continued expansion of our German portfolio, following the acquisition of a 45,000 sqm fully-let warehouse and 38,000 sqm adjacent development land plot in a prime Berlin location. They are located in the most productive freight village in East Germany: Berlin South Großbeeren. 🏭 The warehouse was acquired with a long term lease agreement with one of the world’s leading logistics service providers, while the adjacent land will be developed into a ca. 23,000 sqm prime warehouse with market-leading sustainability credentials by Crossbay’s in-house development team. The development is scheduled for an H1 2027 completion and offers a highly flexible multi-user layout suitable for a single tenant or multi-tenant letting. 🇩🇪 Our German portfolio is now over 133,000 sqm in size, with further assets in Berlin as well as other leading logistics hubs in Munich, Frankfurt and Hamburg. 💬 Marco Riva, CEO, Crossbay, said: “This is a flagship deal for our German portfolio. We are taking advantage of the price dislocation and leveraging our unrivalled hyper-local origination capabilities to assemble a market-leading portfolio of last-mile assets during what will be an excellent vintage for European logistics. 💬 “Our end-to-end asset management function, including our in-house development capabilities, is a differentiator in a crowded marketplace. It ensures we can drive value across a variety of investment opportunities, which was proven through our first vehicle and is being successfully replicated with our second.” 📖 Read more from Amy Finch in Green Street News: Europe