Industrial developer SEGRO has reached an agreement with dermatology firm ISDIN to create a new 22,000 m² logistics hub in Martorelles, Barcelona. Scheduled for completion in late 2027, the facility is part of a brownfield regeneration project on a former industrial site. The hub will prioritise sustainability and employee wellbeing, aiming for top-tier environmental certifications and featuring advanced energy management systems to support ISDIN’s global expansion.
EQT Real Estate has acquired a nine-building industrial portfolio in Southern New Jersey through its Logistics Value Fund VI. The 2 million square foot acquisition is situated along the vital I-95/I-295 corridor, providing access to over 130 million consumers. The firm plans to modernise the assets through targeted capital improvements and leasing initiatives to meet the high demand for infill logistics space in the Northeast.
Prologis and GIC have established a $1.6 billion joint venture to develop build-to-suit logistics facilities across the United States. The partnership starts with a 4.1 million square foot portfolio and aims to meet rising demand for custom distribution centres. By combining GIC's institutional capital with the development expertise of Prologis, the venture targets long-term growth in the North American industrial sector.
SLP has officially broken ground on SLP Park Tien Du, a major ready-built factory development in Bac Ninh province. This project marks the eighth venture for the industrial developer in Vietnam. Situated within the Dai Dong Hoan Son Industrial Park, the facility will provide over 74,000 square metres of Grade-A space. The development is designed to meet growing demand for operational-ready infrastructure amongst global manufacturers.
Hines and Burstone Group have launched a pan-European light industrial joint venture, seeded with a R760 million investment. The partnership has acquired six assets across Germany and the Netherlands, totalling 49,000 square metres. Burstone will manage the portfolio, taking a 20% equity stake alongside the Hines European Real Estate Partners III fund. The strategy targets value-add opportunities driven by nearshoring and supply chain growth.
UK-based Gresham House has acquired Asia Clean Capital Vietnam to expand its renewable energy footprint. The deal follows the integration of SUSI Partners into the firm’s energy transition division. ACCV Pte provides decarbonised power to manufacturers in Vietnam. The acquisition leverages rising electricity demand and supportive government policies to scale clean energy assets and support the national transition to green power.
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