Logistics specialist Clarion Partners Europe has acquired three distribution warehouses in Widnes, UK on behalf of a commingled fund client, as it continues its renewed expansion in the UK. Financial details were not disclosed but CoStar reported a deal volume in the £90 mln (€105 mln) range. With a combined area of 708,000 ft2 (65,780 m2), the newly constructed facilities were purchased from KKR Real Estate Partners Europe II Fund and Mirastar, KKR Real Estate’s industrial and logistics platform in Europe. The investment marks Clarion Partners Europe's second venture in the UK in 2023. All properties have obtained EPC A and BREEAM Excellent certification sustainability ratings, in line with Clarion's strong commitment to ESG.
Source: https://propertyeu.info/Nieuws/Clarion-Partners-Europe-continues-UK-expansion-with-triple-deal/7530e464-1af2-4fec-a43a-b5e47e54331f, on 06.07.2023