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 investor Urban Partners has launched a new regeneration fund with strategic partners Copenhagen Infrastructure Partners and Viessmann Generations Group. Backed by anchor investors PensionDanmark and SamPension, the vehicle has secured an initial unlevered investment capacity of up to €650 million. The fund targets brownfield sites across growth cities in the Nordics, Germany and the UK to build mixed-use communities and address critical housing shortages.
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.
The World Travel & Tourism Council has named Meliá Hotels International as its newest global member. The Spanish hospitality brand operates more than 400 properties across 46 countries. This strategic partnership aims to drive public-private sector collaboration and accelerate sustainable practices within the global tourism industry.
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.
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