Tag Archives: Logistics

Anders Invest invests in Falkom

Anders Invest

Anders Invest has acquired a 40% stake in Falkom B.V., a manufacturer of recovery vehicles based in Tiel. The company generates annual revenue of €20 to €25 million and employs nearly 100 people.

Founded in 1983 and headquartered in Tiel, Falkom designs and builds recovery vehicles for cars and trucks. The company has developed into an international player with a broad product portfolio and supplies customers through a network of dealers and direct relationships across Europe and beyond. Production takes place in the Netherlands and Poland.

Falkom offers a complete range of vehicles that combine maximum operational capacity with a lightweight design. Thanks to its capabilities in electronics, hydraulics and mechanics, the company can integrate truck beds, cranes and tool cabinets onto a wide range of truck chassis. Innovative designs provide optimal storage space and a high-quality finish, ensuring customers receive vehicles that are not only functional but also visually appealing.

Falkom will retain a strong management team with a proven track record of growth. Managing Director Evert van de Glind, who has been responsible for day-to-day management since 2015, will retain a 50% shareholding. Ties Aalbers, who has long been responsible for operations, will acquire a 10% stake. Under the leadership of Evert, Ties and the wider Falkom team, the company has tripled its revenue over the past ten years and has grown into one of the international market leaders.

With Anders Invest’s participation, Falkom can further realize its long-term growth ambitions. The company will remain focused on innovation, customer orientation and productivity.

Categories: News

Tags:

KKR Acquires Cheongna Logistics Center

KKR

Transaction marks the largest single asset logistics transaction in South Korea

SEOUL, South Korea–(BUSINESS WIRE)– KKR, a leading global investment firm, and its affiliated Korean asset manager, Kreate Asset Management (“Kreate”), today announced the completion of the acquisition of Cheongna Logistics Center, a high-quality logistics facility located in Incheon, invested by funds managed by KKR, through a fund managed by Kreate in Korea. This represents the largest single asset logistics transaction in Korea to date.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251229774474/en/

Completed in 2022, Cheongna Logistics Center is a large-scale, modern 4.6-million square feet logistics facility that stands out for its strategic location and strong connectivity to major transportation hubs within the Greater Seoul metropolitan area. Modern logistics facilities play an increasingly critical role in supporting Korea’s rapidly evolving, e-commerce-driven economy as demand for large, high-specification warehouses that can support sophisticated logistics and fulfillment operations continues to grow. Driven by sustained tenant demand and the depth and resilience of Korea’s modern logistics sector, Cheongna Logistics Center is today a fully occupied asset.

Following the acquisition, Kreate, focused on commercial real estate, with expertise in logistics, offices, hospitality and rental housing assets in Korea, will manage and operate Cheongna Logistics Center, while KKR will support on value creation strategies and help maintain the high quality of the asset.

David Cheong, Head of Acquisitions of Asia Real Estate, KKR, said: “As distribution networks become more complex and modern logistics play a growing role in supporting Korea’s modern economy, we are delighted to invest in Cheongna Logistics Center, a leading logistics facility with sophisticated capabilities in a strategic location. We look forward to supporting its continued growth by leveraging our global real estate and logistics expertise alongside Kreate’s local capabilities, while further expanding our exposure in the logistics sector and through deepening our collaboration with Kreate.”

KKR is making its investment predominantly through its Asia real estate strategy. This investment marks KKR’s latest real estate investment in Korea, which has included Incheon Metro Logistics, a prime, large-scale warehouse development in Incheon; Hwaseong Jegi Logistics Centre, a high-quality warehouse in a core logistics location in Hwaseong; Centerfield, a prime office complex in Seoul’s Gangnam Business District; and Namsan Green Building, a quality office building in Seoul’s Central Business District (CBD). This also marks KKR’s latest investment in the logistics space, which has included LOGISTEED, a leading third-party logistics company headquartered in Japan, and Reliance Logistics Group in India.

Additional financial terms were not disclosed.

About KKR

KKR is a leading global investment firm that offers alternative asset management as well as capital markets and insurance solutions. KKR aims to generate attractive investment returns by following a patient and disciplined investment approach, employing world-class people, and supporting growth in its portfolio companies and communities. KKR sponsors investment funds that invest in private equity, credit and real assets and has strategic partners that manage hedge funds. KKR’s insurance subsidiaries offer retirement, life and reinsurance products under the management of Global Atlantic Financial Group. References to KKR’s investments may include the activities of its sponsored funds and insurance subsidiaries. For additional information about KKR & Co. Inc. (NYSE: KKR), please visit KKR’s website at www.kkr.com. For additional information about Global Atlantic Financial Group, please visit Global Atlantic Financial Group’s website at www.globalatlantic.com.

About Kreate Asset Management

Established in 2024 by global investment firm KKR, Kreate Asset Management is a leading real estate investment management company in Korea. Led by a team of senior executives with a proven track record and extensive management experience in Korea’s real estate sector, Kreate Asset Management focuses on commercial real estate, including offices, logistics centers, hospitality and rental housing assets. Through its robust investment and operational capabilities, Kreate Asset Management provides bespoke partnership capabilities and services to global and domestic investors. For more information, please visit https://kreateam.co.kr/.

Media

For KKR
Wei Jun Ong
+65 6922 5813
weijun.ong@kkr.com

For Kreate Asset Management
Miri Jeon
+82 2-6953-9334
miri.jeon@kreateam.co.kr

Source: KKR

 

Download PDF

Categories: News

Tags:

Blackstone Announces Agreement to Acquire a Landmark Japan Logistics Asset, Marking the Largest Logistics Transaction in the Country This Year

Blackstone

TOKYO, JAPAN – December 25, 2025 – Blackstone (NYSE: BX) today announced that Real Estate funds managed by Blackstone (“Blackstone”) have entered into a definitive agreement to acquire Tokyo C-NX (the “Asset”), a Grade A logistics asset located in central Tokyo. Valued at over JPY 100 billion (US$641 million), this marks the largest logistics transaction in Japan this year and underscores Blackstone’s commitment to investing in sectors that support Japan’s economic growth.

The Asset – a 1.6 million square feet, 5-story warehouse in Tokyo Bay, within a 15-minute driving distance from the city center – serves as a mission-critical distribution hub. Japan continues to see steady demand for high-quality warehousing solutions, driven by its expanding e-commerce sector – now the fourth-largest globally – and a shift towards a more digitalized economy.

Daisuke Kitta, Head of Real Estate Japan, Blackstone, said: “We are pleased to invest in a premium asset in logistics, a fast-growing sector and one of Blackstone’s highest conviction investment themes. This reinforces our focus on investing in critical industries shaping Japan’s future and demonstrates our ability to offer scale, speed, and certainty to Japanese corporates seeking trusted partners to advance their strategic goals. We are committed to partnering with Japanese businesses and continuing to contribute in meaningful ways to the evolution of Japan’s economy.”

Japan is a high conviction market for Blackstone, where the firm has built partnerships with leading corporates including Seibu Holdings, Kintetsu Group, and Sony Group. In recent years, it has accelerated its investments across businesses. In Real Estate, Blackstone has built a diversified portfolio across logistics, residential, hotels, data centers, and offices. Earlier this year, Blackstone completed the acquisition of Tokyo Garden Terrace Kioicho for $2.6 billion (~JPY 400 billion) in the largest real estate investment at the time by a foreign investor. Blackstone is also building its data center presence in Japan through AirTrunk, a leading data center platform in the Asia Pacific region, further strengthening its position as the world’s largest data center provider and a major investor across the AI value chain.

Blackstone is a significant investor in logistics globally. Over nearly 15 years, the firm has made investments at scale in the United States, Europe, and in the Asia Pacific region across Japan, India, Australia, Greater China, and South Korea.

About Blackstone
Blackstone is the world’s largest alternative asset manager. Blackstone seeks to deliver compelling returns for institutional and individual investors by strengthening the companies in which the firm invests. Blackstone’s over $1.2 trillion in assets under management include global investment strategies focused on real estate, private equity, credit, infrastructure, life sciences, growth equity, secondaries and hedge funds. Further information is available at www.blackstone.com. Follow @blackstone on LinkedIn, X (Twitter), and Instagram.

Blackstone
Mariko Sanchanta
mariko.sanchanta@blackstone.com
080 8702 7386

Kekst CNC
Minako Otani
blackstone@kekstcnc.com
090-3239-9348

Categories: News

Tags:

EQT to acquire A-Train, operator of Arlanda express – the high-speed rail link connecting Stockholm with Arlanda Airport

eqt
  • EQT Active Core Infrastructure I to acquire A-Train, the operator of the Arlanda express high-speed passenger rail service connecting Stockholm Central Station with Sweden’s largest airport
  • EQT aims to support Arlanda express by enhancing customer experience and operations – introducing a new train fleet and developing more flexible pricing to help improve affordability, accessibility and utilisation of existing capacit
  • EQT brings deep experience from supporting transport companies that promote sustainable mobility, including Nordic Ferry Infrastructure, Hector Rail, and First Student

EQT is pleased to announce that the EQT Active Core Infrastructure I fund (“EQT”) has agreed to acquire 100% of A-Train AB (“A-Train” or the “Company”), the operator of the Arlanda express high-speed rail service, from its current shareholders.

Arlanda express is Sweden’s flagship high-speed airport rail service, connecting Greater Stockholm – home to approximately 2.5 million people – with Arlanda Airport in just 18 minutes. A-Train operates under a public-private partnership (PPP) concession with the Swedish state, granting long-term rights to use the rail link between Stockholm and Arlanda Airport and operate the shuttle service Arlanda express until 2050.

EQT plans to support A-Train with an active long-term ownership approach focused on enhanced customer experience and operational improvements. Key initiatives include implementing a more flexible pricing model to improve accessibility and affordability, improving utilisation of existing capacity, while ensuring the highest standards of passenger and employee safety. Moreover, EQT plans to expand partnerships with airlines and travel providers.

EQT will support A-Train’s ongoing SEK 3 billion investment programme to introduce a brand-new high-speed train fleet by around 2030, which will increase seat capacity by more than 50%.

Kunal Koya, Partner, EQT Active Core Infrastructure, said: “We are delighted to partner with A-Train to continue its long track record of providing a high-quality and reliable service for millions of travellers each year. A-Train is a strong fit for our Active Core Infrastructure strategy that aims to support sustainable companies that provide essential services to the communities they serve. We see significant potential ahead, and EQT is committed to investing long-term in further enhancing A-Train’s service offering.”

Gebhard Littich, Managing Director, EQT Active Core Infrastructure, further adds: “We are proud to have secured this attractive long-term investment opportunity within the Transport & Logistics space. Drawing on EQT’s industrial expertise and heritage, we look forward to working together with A-Train’s management team and employees as a supportive long-term owner.”

Magnus Zetterberg, CEO of A-Train, said: “We are pleased to welcome EQT as A-Train’s new long-term owner as we embark on the next phase of our journey. Together with EQT, we look forward to continuing to improve the experience for the millions of customers who travel with Arlanda express every year, ensuring that we remain the most reliable link between Stockholm city and Arlanda airport.”

The acquisition is conditional upon customary regulatory approvals as well as the approval from Arlandabanan Infrastructure AB.

Contact
EQT Press Office, press@eqtpartners.com

Downloads

About EQT
EQT is a purpose-driven global investment organization with EUR 267 billion in total assets under management (EUR 139 billion in fee-generating assets under management) as of 30 September 2025, within two business segments – Private Capital and Real Assets. EQT owns portfolio companies and assets in Europe, Asia Pacific and the Americas and supports them in achieving sustainable growth, operational excellence and market leadership.

More info: www.eqtgroup.com
Follow EQT on LinkedIn, X, YouTube and Instagram

About A-Train
A-Train operates Arlanda express, the high-speed rail link connecting Stockholm Central Station and Arlanda Airport in 18 minutes. Established in the mid-1990s through Sweden’s first major PPP, the company secured an exclusive operating concession until 2050. Since launching in 1999, Arlanda express has delivered up to six departures per hour with around 99% availability, providing essential, reliable access to Sweden’s busiest airport. Arlanda express operates with 100% renewable electricity and is certified under the Good Environmental Choice standard, one of the most stringent sustainability certifications in Europe.

More info: www.arlandaexpress.com/about-us/about-atrain

Categories: News

Tags:

Fortidia announces strategic partnership with BC Partners to accelerate global growth

BC Partners Logo

Fortidia (or the “Company”), a leading global platform providing shipping, fulfilment and marketing services, announced today that it has entered into a definitive agreement for BC Partners, a leading international investment firm, to acquire a majority stake in the Company from the founding Fiorelli family and funds managed by Oaktree Capital Management, L.P. (“Oaktree”).  Fortidia’s Chairman and CEO Paolo Fiorelli will retain a significant stake in the business and continue in his current role, working in partnership with BC Partners to accelerate the Company’s next phase of growth. Terms of the transaction were not disclosed. The transaction is subject to customary regulatory approvals.

Founded in 1993 and headquartered in Milan (Italy), Fortidia is a global leader in providing shipping, fulfilment, print, and marketing solutions, primarily to micro, small and medium-sized enterprises (“MSMEs”). Operating under multiple complementary franchised brands, including – among others – Mail Boxes Etc., AlphaGraphics, World Options and PostNet, Fortidia plays a pivotal role in the high-growth parcel, packing, shipping and fulfilment value chain, as well as providing outstanding marketing solutions. The Company acts as a key player in the end-to-end logistics and complementary business services arenas and is growing rapidly to serve its on-line and off-line customers in a highly fragmented global market.

Paolo Fiorelli, Founder and CEO of Fortidia, said: “This is an exciting new chapter for Fortidia. We take great pride in the global network and trusted brands we have established over the last thirty years. The team at BC Partners is the ideal strategic ally to accelerate our next phase of growth; they have a strong reputation and track record in Italy, and their values, deep knowledge, and operational expertise will be key to unlocking our full potential. We share a clear vision: to expand our global footprint, enhance our services, and deliver exceptional value to our customers through our global network of franchise partners. We would like to extend our sincere gratitude to Mario Adario and the Oaktree team for their partnership over the past years.”

Paolo Notarnicola, Partner, Co-head of Services and member of the Management Committee, BC Partners, said: “We are delighted by the opportunity to partner with Paolo and his team at Fortidia. This investment reflects our continued focus on partnering with exceptional entrepreneurs in the route-based services sub-sector – a space we know incredibly well through investments in companies such as GFL, GardaWorld, and GES, and where we see continued long-term tailwinds. Fortidia’s resilient business model, strong franchise network, and compelling growth trajectory makes it a definitive ‘defensive growth’ business and a natural fit within BC Partners’ portfolio.”

Marco Castelli, Partner, BC Partners, added: “This investment showcases how our differentiated sourcing model – anchored in deep sector expertise and local networks – enables us to source attractive, bilateral opportunities and position ourselves as the partner of choice. Looking ahead, we plan to work in close partnership with the Fortidia team and to apply the proven playbooks we have developed over the years to help grow the business both locally and internationally – enhancing the client offering, expanding Fortidia’s network internationally, and pursuing M&A opportunities in a highly fragmented market.”

Mario Adario, Managing Director, Oaktree, said: “Fortidia is an extraordinary company with still a lot of potential to be realized. We would like to thank Paolo Fiorelli and his team: it was a great honour to work with them to more than triple the profitability of the Company. This outcome is the result of a shared vision, strong alignment and mutual trust. We are confident that Paolo and team will continue this growth trajectory with their new partner”.

Fortidia will continue to operate under its existing management team and brand structure, maintaining its strong focus on serving customers worldwide, primarily through its network of franchise partners.

This transaction marks the first investment in BC Partners Fund XII, which will follow the same sector-led strategy as prior funds, focused on building a diverse portfolio of defensive growth companies in the mid-market. It also marks BC Partners’ fifth investment in 2025, following investments this year in Biogaran, IGS GeboJagema, PetLabCo., and GES, and builds on BC Partners’ extensive track record of investing in Italy, having deployed over €3.3bn across 17 transactions since its founding in 1986.

Jefferies acted as exclusive financial advisor to Fortidia and its shareholders, with a team led by Jefferies’ Head of Italy Investment Banking Mauro Premazzi. Fortidia was also advised by Sidley Austin LLP together with PedersoliGattai and Paolo Ludovici at GPBL. BC Partners was advised by Latham & Watkins, Kirkland & Ellis, Facchini Rossi Michelutti, PwC and Bain and Co.

 

-[ENDS]-

 

About BC Partners

BC Partners is a leading investment firm with circa €40 billion in assets under management across private equity, private debt, and real estate strategies. Established in 1986, BC Partners has played an active role for nearly four decades in developing the European buyout market. Today BC Partners’ integrated transatlantic investment teams work from offices in Europe and North America and are aligned across our four core sectors: TMT, Healthcare, Services & Industrials, and Food. Since its foundation, BC Partners has completed over 130 private equity investments and is currently investing its eleventh private equity buyout fund. For further information, please visit https://www.bcpartners.com/

About Fortidia

Fortidia is the brand identity of MBE Worldwide S.p.A. – a company headquartered in Italy – and its affiliates. Fortidia is a global commerce enabler for MSMEs and consumers thanks to its platform including brands providing fulfillment, shipping, marketing and print solutions: Mail Boxes Etc. (outside the U.S. and Canada.), World Options, PostNet, PACK & SEND, AlphaGraphics, Multicopy, Kwik Kopy Australia, Print Speak, GEL Proximity and Spedingo. In 2024, its platform – including 3,200+ Business Solutions Centers in 57 countries with over 14,000 associates – served 850k business customers worldwide generating €1.45 bln (US$1.65 bln) of System-wide Gross Revenue.

Categories: News

Tags:

Stonepeak Portfolio Company Textainer Completes Acquisition of Seaco

Stonepeak

HAMILTON, Bermuda – December 16, 2025 – Typewriter Ascend Ltd, an entity controlled by Stonepeak and an affiliate of Textainer, has completed its acquisition of marine container leasing company Global Sea Containers Limited (“Seaco”) from Global Sea Containers Two Limited, a wholly owned subsidiary of Bohai Leasing Co., Ltd.

The acquisition demonstrates Stonepeak’s ongoing commitment to container leasing and reinforces Textainer’s long-standing strategic objective to be customers’ “first call” for the supply of containers.

Together, the combined fleet of Textainer and Seaco will consist of approximately 8.3 million CEU (cost equivalent units), making it the world’s largest and most diversified container fleet on a CEU basis. The acquisition also creates a differentiated container leasing platform, drawing on the strengths of both organizations to provide enhanced worldwide inventories and best in class service.

Olivier Ghesquiere, Textainer’s Chief Executive Officer, commented, “This significant transaction enables us to support our customers’ missions to provide seamless and efficient global leasing services with combined personnel, expertise, and resources. We look forward to playing a leading role in the future of the container leasing industry and supplying container solutions to facilitate our customers’ business growth.”

“Bringing together two world-class teams with deep industry expertise and a market leading global container fleet allows us to better serve our customers and grow in a dynamic global market,” said James Wyper, Board member of Textainer, and Head of Transportation & Logistics and Head of U.S. Private Equity at Stonepeak.

Nick Hertlein, Board member of Textainer and Managing Director at Stonepeak, added, “We’re proud to enable this success, and we are looking forward to what Textainer and Seaco can achieve together.”

About Stonepeak
Stonepeak is a leading alternative investment firm specializing in infrastructure and real assets with approximately $80 billion of assets under management. Through its investment in defensive, hard-asset businesses globally, Stonepeak aims to create value for its investors and portfolio companies, with a focus on downside protection and strong risk-adjusted returns. Stonepeak, as sponsor of private equity and credit investment vehicles, provides capital, operational support, and committed partnership to grow investments in its target sectors, which include digital infrastructure, energy and energy transition, transport and logistics, and real estate. Stonepeak is headquartered in New York with offices in Houston, Washington, D.C., London, Hong Kong, Seoul, Singapore, Sydney, Tokyo, Abu Dhabi, and Riyadh. For more information, please visit www.stonepeak.com.

About Textainer
Textainer has operated since 1979 as a leading lessor of intermodal containers with 4.4 million TEU in our owned and managed fleet. We lease containers to approximately 200 customers, including all of the world’s leading international shipping lines. Our fleet consists of standard dry freight, refrigerated intermodal containers, and dry freight specials. Textainer operates via a network of 14 offices and approximately 400 independent depots worldwide. Visit www.textainer.com for additional information about Textainer.

Contacts

Kate Beers & Maya Brounstein
Stonepeak, Corporate Communications
+1 (646) 540-5225
Email: corporatecomms@stonepeak.com

Michael K. Chan
Textainer, Chief Financial Officer
+1 (415) 658-8261
Email: mkc@textainer.com

Categories: News

Tags:

Alliance Solution Group Announces Strategic Acquisition of Intramodal to Expand Warehousing Capabilities in Quebec

Novacap

Alliance Solution Group (“Alliance”), a Novacap portfolio company, is pleased to announce the acquisition of Intramodal Warehouses, a Quebec-based company specializing in warehousing services. This strategic transaction enhances Alliance’s footprint in Quebec and strengthens its ability to deliver integrated warehousing and logistics solutions to both existing and future customers.

The acquisition provides immediate access to warehousing infrastructure in Quebec and creates meaningful operational synergies with IntraPAK, a division of Alliance offering repackaging services in the beverage and food industries. This integration is expected to improve efficiency, reduce operational complexity, and streamline service delivery across the region.

“This acquisition marks a key milestone in Alliance’s continued growth,” said Dario Lopez, President of Alliance Solution Group. “Expanding our warehousing capabilities in Quebec supports our vision of offering comprehensive, value-added ancillary packaging and warehousing solutions to customers across Canada.”

“This partnership aligns perfectly with our long-term growth strategy,” said Christian B. Fabi, Partner at Novacap. “Alliance continues to build a strong and scalable platform, and this transaction reinforces its ability to deliver efficient and integrated services to its customer base.”

“We are excited about this next chapter,” said Michael-Anthony Rosati, COO at Intramodal Warehouses. “Joining Alliance opens new opportunities to scale our operations and continue delivering high-quality service with the support of a national platform.”

This transaction reflects Alliance’s continued investment in building a robust, responsive, and integrated network of value-added packaging and warehousing solutions across Canada.

About Alliance Solution Group

Founded in 1996, Alliance Solution Group is a leading Canadian value-added ancillary packaging and warehousing solution service provider.

Having delivered best-in-class services for more than 25 years to customers in the beverage and food industries, the company’s long-tenured staff brings a high level of industry knowledge, quality process controls, and expertise in club store and distribution regulations. Alliance’s differentiated services are upheld by its core values of quality, efficiency, reliability, and speed-to-market.

About Intramodal Warehouses

Founded in 2004, Intramodal Inc. specializes in intermodal transportation, providing reliable service from the Port of Montreal and major rail terminals including CN, CP, and CSX, as well as various container terminals. With a continuously growing fleet, Intramodal adapts to meet the evolving needs of its customers.

The Intramodal Group established Intramodal Warehouses Inc., which now operates over 500,000 square feet of food-grade warehousing space on the Island of Montreal. This expansion has allowed the company to provide comprehensive logistics solutions by integrating transportation and storage services.

About Novacap

Novacap is a leading North American private equity investor and one of Canada’s most experienced private equity firms. Founded in 1981 to partner with visionary entrepreneurs, Novacap focuses on middle market and lower-middle market companies in four core sectors: Technologies, Digital Infrastructure, Industries and Financial Services. Novacap combines deep sector specific expertise and strategic and operational excellence to partner with entrepreneurs and management teams. Since its inception, the firm has made primary and add-on investments in more than 250 companies. With over CDN $15 billion in assets in assets under management and a presence across offices in Montreal, Toronto, and New York, Novacap accelerates value creation through strategic growth initiatives and a strong focus on execution.

Categories: News

Tags:

Stonepeak Launches Peregrine Cold Logistics

Stonepeak

 Novo Specialist Platform Investing in Cold Chain Logistics in Asia Pacific and the GCC

NEW YORK & SINGAPORE – December 8, 2025 – Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets, today announced the launch of Peregrine Cold Logistics (“Peregrine” or the “Platform”), a new cold chain logistics platform in Asia Pacific and the GCC, to meet the accelerating demand for temperature-controlled infrastructure across the region.

Headquartered in Singapore, Peregrine will target cold chain opportunities across key markets including the ASEAN region, North Asia, and the GCC, with the goal of providing high-quality storage capacity and ancillary logistics solutions to support the movement of temperature-sensitive and perishable goods throughout the supply chain. The Platform will seek to both acquire existing cold chain businesses and develop new greenfield and brownfield projects. In conjunction with the launch, Peregrine has agreed to acquire an initial seed asset, Pinnacle Cold Storage Inc., a cold storage business in the Philippines.

The Platform is led by an experienced management team including industry veterans with more than 30 years of experience in cold chain logistics and an extensive track record of scaling cold chain businesses in Asia Pacific and around the world. The team brings with them deep operational, technological, and regional expertise and a wide network of customer relationships globally.

Jeff Hogarth, CEO of Peregrine, commented, “Peregrine was founded with a clear mission: to redefine cold chain logistics across Asia Pacific and the GCC by delivering first-rate infrastructure, fostering strong local partnerships, and enabling the safe, efficient, and sustainable movement of food and essential goods. We are thrilled to embark on this journey with Stonepeak, a leading global infrastructure investor with deep cold chain expertise, a broad regional footprint, and proven platform-building experience. As rising standards for food safety and quality continue to drive demand for modern, purpose-built facilities managed by experienced operators, Peregrine is exceptionally well positioned to become a regional leader – not only in scale, but in innovation, reliability, and sustainability.”

Michael Chan, Managing Director at Stonepeak, added, “Stonepeak is excited to expand on its global experience in cold chain logistics with this further investment into Asia Pacific and the GCC. The sector continues to benefit from long-term structural tailwinds in the region including the continued impact of rapid urbanization, rising incomes, and growing consumption, all of which drive calorie intake and protein consumption. With the cold storage industry landscape across much of Asia still highly fragmented, we believe there is an opportunity to build a specialist platform of scale to serve the growing needs of the region. We are excited to be partnering with Jeff and team, share their vision for Peregrine, and look forward to supporting them on the journey ahead.”

About Peregrine Cold Logistics
Peregrine Cold Logistics is an institutionally backed cold-chain platform focused on developing and operating modern temperature-controlled logistics infrastructure across Asia Pacific and the GCC. Based in Singapore, Peregrine provides integrated cold storage, refrigerated transport, and value-added services that support food security, supply-chain transparency and regional growth. For more information, please visit www.peregrinecold.com.

About Stonepeak
Stonepeak is a leading alternative investment firm specializing in infrastructure and real assets with approximately $80 billion of assets under management. Through its investment in defensive, hard-asset businesses globally, Stonepeak aims to create value for its investors and portfolio companies, with a focus on downside protection and strong risk-adjusted returns. Stonepeak, as sponsor of private equity and credit investment vehicles, provides capital, operational support, and committed partnership to grow investments in its target sectors, which include digital infrastructure, energy and energy transition, transport and logistics, and real estate. Stonepeak is headquartered in New York with offices in Houston, Washington, D.C., London, Hong Kong, Seoul, Singapore, Sydney, Tokyo, Abu Dhabi, and Riyadh. For more information, please visit www.stonepeak.com.

Contacts

For Peregrine Cold Logistics
James Buck
info@peregrinecold.com

For Stonepeak
Kate Beers / Maya Brounstein
corporatecomms@stonepeak.com
+1 (646) 540-5225

Categories: News

Tags:

Cain Secures £350m Refinancing Of Prime Logistics Portfolio From KKR

KKR

London, 26 November 2025 – Cain has secured a £350 million refinancing from funds and accounts managed by KKR for a prime UK Industrial & Logistics portfolio, representing a significant transaction in the sector this year. The transaction is structured as a whole loan over a five-year term.

The new facility fully redeems the existing development loan and provides extended flexibility for Cain to finalise its leasing program and continue enhancing the portfolio’s performance.

The portfolio comprises 24 units totalling approximately 3.2 million sq ft in prime logistics locations across the UK. Development of the portfolio commenced in 2022 to best-in-class Grade A specifications, the units feature high eaves, generous yards, and layouts optimised for modern industrial use and business growth with excellent access to national road infrastructure. The entire portfolio has been delivered on a net-zero carbon basis, with all assets demonstrating strong sustainability credentials, including BREEAM Excellent certifications, enhanced energy performance, and future-proofed building systems.

Over the past 12 months, the portfolio has shown strong leasing momentum totalling c. 1 million sq ft, reflecting the accelerating demand for prime Grade A space in the UK.

“This refinancing with KKR reflects the strength and quality of our logistics portfolio and the positive shift we are seeing across occupational markets,” said Tim Brazier, Senior Vice President at Cain “The transaction comes at a time when enquiry levels are increasing meaningfully in our key regions, particularly for highly specified and energy-efficient industrial space, which this portfolio delivers. The flexibility provided by this facility allows us to capture that momentum, complete lease-up, and continue driving long-term performance across the assets. We were able to agree the financing directly with KKR without running a broader market process given the strength of our relationship as well as our confidence in their execution capabilities.”

Ali Imraan, Head of European Real Estate Credit at KKR, said: “We are pleased to support Cain on the refinancing of this prime portfolio of well-located, high-quality industrial real estate assets.  This significant transaction reflects our confidence in the long-term fundamentals of the sector and our commitment to providing tailored financing solutions to leading sponsors.”

For further information, please contact:

SEC Newgate UK
Polly Warrack / Marta Seitz
+44 (0) 7808541191
cain@secnewgate.co.uk

About Cain
Cain is an investment-management firm that shapes the value of places, brands and businesses through strategies spanning landmark developments, residential and hospitality, supply-chain infrastructure, and sports & entertainment. Established by Chief Executive Officer Jonathan Goldstein in partnership with Eldridge Industries, the firm manages approximately $13.8 billion in assets under management with investments spanning more than 20 major cities and real-estate markets worldwide as of 30 June 2025.  The firm operates from offices in London, New York, Miami, Los Angeles and Luxembourg, supported by a broad network of global partners.  For more information, please visit www.cainint.com.

About KKR
KKR is a leading global investment firm that offers alternative asset management as well as capital markets and insurance solutions. KKR aims to generate attractive investment returns by following a patient and disciplined investment approach, employing world-class people, and supporting growth in its portfolio companies and communities. KKR sponsors investment funds that invest in private equity, credit and real assets and has strategic partners that manage hedge funds. KKR’s insurance subsidiaries offer retirement, life and reinsurance products under the management of Global Atlantic Financial Group. References to KKR’s investments may include the activities of its sponsored funds and insurance subsidiaries. For additional information about KKR & Co. Inc. (NYSE: KKR), please visit KKR’s website at www.kkr.com. For additional information about Global Atlantic Financial Group, please visit Global Atlantic Financial Group’s website at www.globalatlantic.com.

 

Download PDF

Categories: News

Tags:

EQT Real Estate completes largest U.S. industrial transaction to date in 2025 with sale of 8.7 million square foot logistics portfolio

eqt

998 Gerdt Ct

  • Portfolio includes 25 modern logistics assets concentrated in major U.S. distribution hubs
  • Since 2020, EQT Real Estate has assembled and actively managed the portfolio, leveraging its distinctive value creation strategy and locals-with-locals model 
  • Assets deliver scale, geographic diversification, and strong tenant retention, reflecting EQT Real Estate’s focus on investing behind resilient logistics platforms in key U.S. submarkets 

EQT is pleased to announce that the EQT Real Estate Industrial Core-Plus Fund II (“EQT Real Estate”) has completed the sale of a 25 property, 8.7 million square foot portfolio of institutional-grade logistics assets located across the United States, marking the largest U.S. industrial transaction so far in 2025.

The portfolio spans 13 key U.S. distribution markets, including Atlanta, Chicago, New York, Phoenix, and Texas—strategic hubs that collectively capture a broad cross-section of national logistics demand. Built to modern design specifications, the assets feature an average clear height of 31 feet, efficient loading configurations, and were primarily developed after 2000. The properties serve a diversified mix of high-quality tenants across e-commerce, industrial, and retail supply chain sectors, reflecting the continued strength and resilience of U.S. logistics fundamentals.

The transaction marks the culmination of EQT Real Estate’s multi-year strategy to assemble and scale a national logistics platform in high-growth, supply-constrained U.S. markets. By selectively acquiring, developing, and managing modern assets near key infrastructure, EQT crafted a diversified portfolio with resilient cash flows and embedded growth. The sale reflects investor appetite for stabilized, institutional logistics properties with long-term demand drivers and limited new supply.

Matthew Brodnik, Global Chief Investment Officer at EQT Real Estate, said: “This transaction demonstrates EQT Real Estate at its very best, showcasing our ability to scale logistics platforms and deliver value across the investment lifecycle. Our team identified an opportunity to assemble a portfolio with strong fundamentals and significant future upside, seeing it through from acquisition to stabilization with disciplined execution and hands-on management.”  

EQT Real Estate was advised by John Huguenard, Trent Agnew and Will McCormack of JLL. 

Contact

EQT Press Office, press@eqtpartners.com

 

Downloads

About EQT Real Estate

EQT is a purpose-driven global investment organization with EUR 267 billion in total assets under management (EUR 139 billion in fee-generating assets under management) as of 30 September 2025, divided into two business segments: Private Capital and Real Assets. EQT supports its global portfolio companies and assets in achieving sustainable growth, operational excellence, and market leadership. Within EQT’s Real Assets segment, EQT Real Estate acquires, develops, leases, and manages logistics and residential properties in the Americas, Europe, and Asia. EQT Real Estate owns and operates over 2,000 properties and 400 million square feet, with over 440 experienced professionals across 50 locations globally. 

More info: www.eqtgroup.com
Follow EQT Real Estate on LinkedIn

Categories: News

Tags: