Thomas D.’s Post

GREYKITE debuts in Poland. European Real Estate Fund has commenced its deployment programme with the acquisition of a logistics portfolio in Poland. Three multi-tenanted properties will form the initial investment in a EUR 300 million joint venture with White Star Real Estate (WSRE). The portfolio, which is almost fully occupied, totals over 142,000 sqm of lettable space. It features a diversified income profile across more than 40 tenants, with an average unexpired lease term of three years. The properties are located in Warsaw, Stryków and Gliwice. The transaction follows on from the formal launch of Greykite and the Fund in March this year, when it received capital commitments from Capital Constellation, an investment platform managed by Wafra and Leucadia Asset Management. Greykite specialises in real estate investing across a series of asset classes with durable fundamentals in select European markets. "Commencing the investment programme with the formation of this JV with White Star and the Fund’s acquisition of this logistics portfolio is another major milestone for Greykite. This transaction is consistent with our strategic focus on scalable investment themes in high-conviction sectors underpinned by compelling fundamentals. The Polish logistics market is benefitting from a number of structural drivers, including the continued trend for nearshoring as a result of its European single market access and relative affordability, and high e-commerce penetration", Michael Abel, Founder and CEO of Greykite. "In addition to the compelling acquisition yield, the portfolio offers numerous leasing, asset management and investment initiatives we will look to implement alongside White Star. Together, Greykite and White Star aim to further scale the JV over the next 18-24 months, reflecting our conviction in the logistics market", Dan Valenzano, senior partner of Greykite. Source: https://lnkd.in/d4khsJuU #investinPoland #investinNewModlin #ecommerce #nearshoring #logisticsmarket

First light-industrial investments in Slättö’s new Value Add-fund Slättö, through the logistics and industrial team Evolv Property, has acquired the first four properties as part of a light-industrial roll-up strategy within the newly established Slättö Value Add III fund. Light-industrial remains one of the focus segments for Slättö, contributing to strong returns across its funds. - While we have seen a logistics market characterized by relatively high competition for few expansive tenants over the last two years, the Nordic light-industrial segment has remained strong with low vacancy, almost no speculative development and strong rental growth. We are thrilled to start building our next light-industrial portfolio with exciting market timing and a strong deal flow, says Lars Axelsson, Partner and Head of Logistics and Light-Industrial at Slättö. https://lnkd.in/dFtq3AxT

Nordic real estate investor Nrep has sold a Finland urban logistics portfolio to funds managed by Blackstone for €135 million. https://lnkd.in/gHpBag72 The Aktiivihallit Ky portfolio consists of 22 assets in Helsinki and Tampere, with a total gross lettable area of approximately 133,000 square metres. The closed-ended limited liability company Aktiivihallit Ky was managed by Aktiivitilat AM, a Finnish real estate asset and investment management company, with a strategy to invest in light industrial premises in urban locations, including warehouses and small industrial facilities. The joint venture managed the urban logistics portfolio to enhance the sustainability profile of the properties and lease the premises to high-quality tenants. Joonas Lemström, Head of Nrep Finland, says, “Nrep’s joint venture with Aktiivitilat had a pioneering focus on the urban logistics segment, where we identified growing occupier demand, particularly in strong locations in Helsinki metropolitan area. Key to our investment strategy from the outset was finding a partner with a customer-oriented approach and the ability to implement sustainability-driven asset management initiatives, and in Aktiivitilat we found just that. Our active asset management has considerably improved the sustainability credentials of the portfolio and successfully leased premises to an attractive tenant base. The disposal, which aligns with our intended business plan, is one of the most significant transactions undertaken by Nrep in Finland in recent years.” #Finland #Helsinki #logistics #Consorto Nrep Blackstone Aktiivitilat #CRE #commercialrealestate #commercialproperty #retwit #followus

📰 Weekly European Industry transactions: GREENPEAK Partners closes its €350m inaugural Continuation Fund led by HarbourVest Partners. The fund was formed to invest into ACADEMIA Gruppe(🇩🇪) and CERTANIA (🇩🇪), constituting an attractive liquidity offering for Greenpeak Fund II LPs and Co-Investors. Academia and Certania have built up their combined EBITDA to nearly €70m, under Greenpeak’s ownership, while completing a total of over 30 acquisitions. Exyte (🇩🇪) acquires Kinetics (🇩🇪) from Quadriga Capital. Laird Thermal Systems (🇩🇪), majority owned by Bregal Unternehmerkapital AG, acquires Tark inc (🇺🇸). Mutares SE & Co. KGaA acquires Greenview (🇬🇧) from CORDOVAN CAPITAL MANAGEMENT LIMITED and its management. Societe Generale Corporate and Investment Banking - SGCIB advised and financed the founding director of Auto France Parts Group (🇫🇷) to regain control in a primary LBO. NVM Private Equity LLP supports the MBO of MRO+solutions ltd (🇬🇧) from Cairngorm Capital Partners LLP. SAMEDIA INT (🇫🇷), a subsidiary of JFC Group (🇮🇪), acquires Interdiam B.V. (🇳🇱). AmphiStar (🇧🇪) raises €6m from European Circular Bioeconomy Fund (ECBF), Qbic Fund | Venture Capital and VLAIO - Flanders Innovation & Entrepreneurship Flanders Future Tech Fund. 🤖 Tsylana AI is soon in production in our App to better search #privateequity #investments and millions of company profiles on Tsylana app for #investmentbanking #corporatefinance and #capitalinvestissement professionals.

📰 #NEWS: GARBE Industrial Real Estate and a fund managed by BlackRock form joint venture and acquire two logistics sites in Germany and France • The joint venture will invest in new-build structures and existing properties requiring modernisations in Europe.   • First acquisitions involve a 70,000 square metres development in Salzgitter, Germany and a 27,000 square metres development near Rennes, France.  Christopher Garbe (private account), the Managing Partner of GARBE, said: “The joint venture with BlackRock represents a major milestone in the process of setting up and expanding our footprint in the domestic and international logistics real estate market. Demand for floor space, especially for ESG compliant facilities, is persistently high across Europe – so, this is where we intend to create an adequate supply. With our initial acquisitions in Salzgitter and Rennes, we are securing the first assets that exemplifies our investment strategy.” 👉 More information about the joint venture: https://lnkd.in/dAkSw-Aq 👉 More information about the Salzgitter development: https://bit.ly/3XtIXdA   #GARBE #BlackRock GARBE Industrial Real Estate France SAS Hagedorn Unternehmensgruppe #Logisticsproperties #jointventure #brownfield 

⚠️In case you missed it: the top news stories from the week just passed, including acquisitions, international expansions, divestment, and executive appointments! 5. DEAS Group announces the divestment of DEAS A/S, as they sell it to PHM Group, becoming part of one of the largest property services provider in Northern Europe. 4. Arrow Global Group announces acquisition of Amitra Capital from CPP Investments | Investissements RPC. The move will strengthen Arrow Global's position in the Iberian market and it's long-term relationship with CPP. 3. Mitsui Fudosan UK appoint Takeshi Iwama (岩間 威志) as the new CEO. Iwama will focus on strengthening existing UK partnerships, growing Mitsui Fudosan’s UK investments, and exploring new opportunities across Europe 2. A new taskforce is being set up to develop a carbon pricing strategy for the RE sector. Initially developed as part of the C Change programme, which was set up by Urban Land Institute, it is formed of 7 leading industry associations. 1. Cushman & Wakefield announce their expansion into the Austrian market with Cushman & Wakefield | CBS International Austria, via an exclusive affiliate relationship. Read more about these articles, and all the other news and insights from the week, via our website linked below. 👇 https://lnkd.in/em8YxZHe #News #WeeklyUpdate ---- 💡 Follow PropTech Connect for daily #RealEstate and #PropTech news and insights.

#transactionnews 📰 𝐎𝐮𝐫 𝐞𝐢𝐠𝐡𝐭𝐡 𝐚𝐧𝐝 𝐥𝐚𝐫𝐠𝐞𝐬𝐭 𝐚𝐜𝐪𝐮𝐢𝐬𝐢𝐭𝐢𝐨𝐧 𝐢𝐧 𝟐𝟎𝟐𝟒: 𝐖𝐞 𝐡𝐚𝐯𝐞 𝐬𝐢𝐠𝐧𝐞𝐝 𝐚𝐧 𝐚𝐠𝐫𝐞𝐞𝐦𝐞𝐧𝐭 𝐭𝐨 𝐚𝐜𝐪𝐮𝐢𝐫𝐞 𝐒𝐞𝐫𝐧𝐞𝐤𝐞 𝐒𝐯𝐞𝐫𝐢𝐠𝐞 𝐟𝐫𝐨𝐦 𝐒𝐞𝐫𝐧𝐞𝐤𝐞 𝐆𝐫𝐨𝐮𝐩. The company will strengthen the Engineering & Technology segment as a new Swedish platform investment. Serneke Sverige is a leading general contractor focusing on the construction of service & infrastructure properties, residential properties, and commercial properties. The company has over 200 active projects and offers its services throughout Sweden. Clients primarily consist of public agencies, municipalities, and large private corporations. The company was founded in 2002 and currently employs ca. 750 employees. Robin Laik, CEO of Mutares, comments: “With this transaction Mutares further builds on its successful presence in Sweden, after having recently successfully sold Frigoscandia. This is a bolt step supporting our growth target of EUR 10 billion of Group revenues and EUR 200 million of Holding net income. We are very happy to welcome Serneke Sverige to our portfolio and remain committed to continue growing our presence in Sweden and the Nordic region.” 👉To the press release: https://lnkd.in/dm8Rzt2u #listed #privateequity #growth #portfolio #mutares https://lnkd.in/dm8Rzt2u

Sunday Reading Tip 📖: Interview with Tomáš Hanáček, Head of Business Development at Accolade, for Hospodářské noviny The TOP Real Estate Funds ranking, a quarterly overview of Czech real estate fund performance, has recently released its results for Q1 2024.📊 What are the key findings? 🔹 With declining interest rates, the real estate market is stabilizing, and prices are expected to stop decreasing. 🔹 As a result, real estate funds are once again becoming an attractive option for investors seeking stable long-term returns. 🔹 The Accolade Industrial Fund has returned to performance growth, achieving a y-o-y improvement of about 6.4% over the past 12 months. ➡ Read Tomáš Hanáček's detailed insights on the overall investment market, trends in the industrial real estate segment, and the development of the Accolade Industrial Fund (not only) in an international context. You can find the full interview (in Czech) at: https://lnkd.in/eXTzJd_q

𝐆𝐓𝐓 𝐢𝐧𝐯𝐞𝐬𝐭𝐬 𝐢𝐧 𝐝𝐫𝐲 𝐛𝐮𝐥𝐤 𝐝𝐢𝐠𝐢𝐭𝐚𝐥𝐢𝐬𝐚𝐭𝐢𝐨𝐧 𝐬𝐩𝐞𝐜𝐢𝐚𝐥𝐢𝐬𝐭 The investment arm of the GTT Group, GTT Strategic Ventures, along with Counterview Capital, Lifeline Ventures, and Tesi has invested in Seaber.io, a Finnish maritime software company specialising in the digitalisation of scheduling and chartering processes for bulk shipping. The Helsinki-based firm offers a cloud solution with dynamic, real-time management of cargo and maritime fleets, enabling users to easily optimise time charter equivalent and overall fleet profitability. Seaber.io’s platform facilitates real-time collaboration between chartering teams and fleet managers, with real-time updates and the ability to plan multi-port, multi-order voyages. By reducing port times and minimising ballast voyages, Seaber.io enables shipowners and charterers to reduce their emissions. Furthermore, Seaber.io provides accurate estimates of voyages and associated costs, based on historical data and updated forecasts, allowing companies to manage their resources efficiently for each voyage. “Over the past years, we have worked closely with our customers developing our scheduling and pre-fixture optimisation solution that has achieved significant savings,” said Sebastian Sjöberg, founder and CEO of Seaber.io.

Exciting news from TWOA and LatAm Logistic Properties! 🌟 Announcing a $15 million equity investment at $10 per share, marking a significant step towards our business combination. We take this agreement as an outstanding vote of confidence in our team, our business model, and our growth plans.   #LogisticsRealEstate #IndustrialRealEstate #PlatformInvesting #RealEstateOperatingCompany