Lagermax Logistics Croatia has completed its third logistics warehouse at its Luka headquarters near Zagreb. The new facility increases total storage capacity to 60,000 square metres. Additionally, sister company Lagermax Autotransport has expanded its site to accommodate 1,200 more vehicles. The newly built facility achieved the highest BREEAM sustainability rating of Excellent for its energy efficiency and resource conservation.
Hines has acquired the 317,000 square foot Heathrow Logistics Park from Blackstone on behalf of its European Core Fund. Located near the main cargo gate of Heathrow Airport, the fully leased asset spans 15.4 acres and expands the European logistics platform of the investment firm beyond its previous €5 billion baseline.
European urban investor Urban Partners has sold four newly constructed logistics properties near Oslo to KLP Eiendom for NOK 1.8 billion. Covering 98,000 square metres across the Vestby and Moss transport hubs, the deal is Norway’s largest logistics transaction this year. The fully let portfolio features high environmental standards and premium tenants including H&M and Schibsted.
Hellmann Worldwide Logistics has started construction on a new automotive logistics hub in Dubai's Jebel Ali Free Zone. The dedicated 28,000 square metre facility is designed to meet the growing regional demands of the automotive sector, offering scalable distribution across the GCC, Africa and international markets.
EQT Real Estate has expanded its presence in the UK logistics sector by acquiring a six-asset portfolio from Tritax Big Box REIT plc. The modern Grade A properties cover 1.6 million square feet across major distribution hubs in the West Midlands, East Midlands and South East. Fully leased to a diverse group of tenants, the properties sit along critical transport routes like the M40 and A14.
Pan-European real estate manager M7 Real Estate has completed the acquisition of 13 logistics properties across Madrid and Barcelona for 181 million euros. The two separate transactions, completed on behalf of the European Supply Chain Investment Partnership, more than double the venture's footprint in Spain and expand its total European asset value to approximately 1.7 billion euros.
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