Logistics

Logistics to outperform retail as dark store distribution gears up
EUROPE – Real estate lags '10 years behind' in response to e-commerce, says L&G Property.

Wells Fargo, LaSalle finance Blackstone UK logistics deal
EUROPE – Blackstone retroactively secures finance for seven warehouse assets.

US roundup: Pennsylvania PERS invests $150m in value-add funds
UNITED STATES – Indiana Public Retirement System backs H/2 Core Real Estate Debt Fund.

Northam secures fresh commitments from German institutionals
GLOBAL – Investment manager confirms second closing for Canadian commercial property fund.

CalPERS invests $250m into logistics partnership
NORTH AMERICA – ILP Partnership to invest in industrial properties in US.

US roundup: Alaska Retirement Management Board, Penwood
NORTH AMERICA – Alaskan state pension manager to double infrastructure exposure.

News analysis: Will Blackstone take on Prologis in European logistics?
Shayla Walmsley previews the coming battle for 'tremendous opportunities' in Europe.

NBIM enters European logistics market with €2.4bn Prologis JV
EUROPE – 11-market, 195-asset portfolio comprises 75% of assets from PEPR fund.

CPPIB enters joint ventures to expand Brazilian logistics portfolio by $343m
GLOBAL – Pension fund now owns interests in 56 retail, office and logistics properties in country.

Delin raises €200m for logistics fund, buys first property
EUROPE – Fund to target properties in UK, Netherlands and Belgium for inflation-linked returns.

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