Bain Capital and Stoneweg to acquire a portfolio of six, grade A logistics warehouse from VLD for €200m.

Bain Capital, a global private investment firm, and Stoneweg, an alternative investment group, agreed to acquire a portfolio of six, grade A logistics warehouse from VLD, an Italian logistics developer, for €200m. “We maintain a positive outlook on European logistics and, across the locations where we are present, are well positioned to benefit from the current market tailwinds. We see a solid demand outlook, fostered by secular themes of e-commerce penetration and nearshoring, a reduced pipeline of modern, Grade-A product, whilst witnessing increasing quality requirements from tenants. All this is contributing to contained vacancy and growing rents. Our European Grade-A logistics portfolio has reached a critical mass of $1.5bn GDV today, and we are looking to expand further. This investment marks a significant milestone in our strategy and further strengthens our long-term partnership with Stoneweg," Rafael Coste Campos, Bain Capital Partner.