Logistics

MARK Capital Management wins PERE ‘Logistics Investor of the Year’

MARK Capital Management, an independent pan-European real estate asset and investment manager, has been awarded ‘Logistics Investor of the Year’ by PERE, a leading industry title.

MARK’s senior leadership team was interviewed by PERE on how asset granularity is a key returns driver in Crossbay’s urban logistics strategy

‘Investor demand for last-mile logistics will remain very strong. Ultimately, these assets carry all the fundamentals of standard logistics, plus the benefit of being located in areas with very limited competing supply and almost no new supply coming to market’ - Crossbay CEO Marco Riva

‘[Institutional investors] are now focusing on diversifying and rebalancing their own logistics holdings, which means managers need to offer something differentiated, like Crossbay, to get traction’ - Head of Client Solutions Michelle Doran

‘[A]dvancements in robotics and self-driving cars will likely become much more universal within the next five years... last-mile logistics is one of the few sectors that looks pretty resilient in the face of those expected developments’ - MARK CEO and Crossbay Chairman Marcus Meijer

MARK Capital Management secures €660m in equity commitments for Crossbay II

Crossbay II has secured €660m in total fund commitments, representing a 20% increase in fund size compared to the predecessor vehicle. Including debt financing, Crossbay II has a total investment capacity of over €1.5bn, which will be deployed and managed by Crossbay’s on-the-ground teams across the major markets in Europe

A leading urban logistics investor

Crossbay is a leading investor in European urban logistics, focusing on single-tenant distribution centres near the continent’s gateway cities.

Crossbay allows institutional investors such as pension funds and insurance companies to gain exposure to a rapidly growing sub-sector that is supported by long-term growth drivers and structural shifts in the economy.