A joint venture between global investment firm Sixth Street and Copley Point Capital, an owner and operator of UK industrial property, has acquired a portfolio of three logistics assets from National Farmers Union Mutual Insurance Society totalling 0.9 million square feet.
Two of the assets totalling 0.5 million square feet are leased to Fowler Welch and Great Bear, and are located within Magna Park, Lutterworth, the distribution park located in the Golden Triangle. The third asset is leased to Amazon and located in Doncaster.
The acquisition brings the joint venture’s portfolio to six assets across 2.5 million square feet – each acquired since its formation in November 2024.
Guillaume Savoie-Coulonval, Managing Director at Copley Point, said: “We are delighted to expand our partnership with Sixth Street and add to our high-quality portfolio. These three distribution warehouses exemplify the type of investments we are targeting across the UK. We remain acquisitive and continue to offer a reliable solution to sellers in the current market environment.”
BSBRE advised the seller on the transaction.
