Announced
Financials
Sources
Tags
Spain
Joint Venture
United States
real estate investment
Private
Private Equity
Real Estate Holding and Development
Synopsis
Investment companies Arrow Capital Partners and Cerberus formed a joint venture to acquire a €2bn ($2.2bn) portfolio of European industrial and urban logistics real estate. Financial terms were not disclosed. “We’re already in exclusivity on seven acquisitions totalling €130m ($146m) across four countries and have an extensive pipeline of opportunities we are progressing, including partnering with local developers who seek a long-term capital partner in their projects to help deliver their local pipelines,” Martyn McCarthy, managing partner of Arrow Capital Partners said.
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