Dream Industrial REIT Acquires €882M Pan‑European Logistics Portfolio from Clarion Partners Europe

June 24, 2021

Dream Industrial REIT closed the acquisition of shares of a corporation owning a 31-property, 8.9 million sq ft pan‑European logistics portfolio from Clarion Partners Europe for approximately $850 million (≈€882 million). The fully leased portfolio (weighted average lease term 5.3 years) is 50% food distribution and 3PL tenants by net rent; the deal was financed via subscription receipts, cash on hand and an $800 million debenture offering.

Buyers
Dream Industrial REIT
Targets
Pan‑European logistics portfolio (31 properties) / corporation owning the portfolio
Sellers
Clarion Partners Europe
Location
United Kingdom
Transaction Type
Buyout

Explore More

Related Acquisitions

Track M&A activity that matters to you

Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.