Forum Partners Completes $12 Million Fund for Logistics Growth
Forum Partners Completes Fundraising Success
Forum Partners, a leading global real estate investment and asset management firm, has recently finalized its financial efforts with an impressive total of $12 million raised for the Newlands Development Opportunities I, LLC fund. This substantial capital commitment underscores the strong investor sentiment surrounding logistics and industrial development.
Utilizing Capital for Strategic Acquisitions
The funds from this closing will be directed towards acquiring an industrial development site known as Newlands Park Nottingham Gateway. This project is located within the competitive logistics corridor in the U.K., providing an exciting opportunity for growth and development.
Strong Demand in the Logistics Sector
David Keir, the chairman of Newlands Property Group, emphasized the rising interest among investors to leverage the favorable market conditions within the logistics industry. He stated, "The strong investor appetite to capitalize on significant secular tailwinds benefitting the logistics industry in the U.K. reflects the promising potential of our current initiatives."
Strategic Location for Optimal Access
The Newlands Park site is conveniently positioned near Junction 24A of the M1 Motorway, allowing for exceptional access to the extensive U.K. road network and connecting to a significant part of the British population. Newlands has obtained planning approval for a substantial development featuring four buildings that will encompass a total area of 834,000 square feet, catering to various business needs.
Expanding the Newlands Footprint
Newlands is well-known for its specialized approach in the industrial and logistics sector, marked by a reputation for delivering top-tier developments in regions characterized as supply-constrained markets. Their strategy focuses on identifying well-situated unimproved land and navigating complex planning and development processes to deliver high-quality facilities that meet the evolving demands of modern tenants.
About Forum Partners
Founded in 2002, Forum Partners operates as a global investment manager dedicated to investing in real assets and high-quality real estate companies. Over the years, the firm has successfully deployed around $7.7 billion across 24 countries, establishing a remarkable record with over 100 investments. The expertise of Forum Partners lies in their ability to identify catalysts for enhancing asset value and tailoring investment strategies to maximize outcomes.
Growing Commercial Real Estate Portfolio
Currently, Forum Partners oversees a portfolio of operating companies and affiliates that collectively manage assets exceeding $14 billion in commercial real estate both in the U.S. and around the world. This extensive portfolio allows them to remain at the forefront of the real estate investment landscape.
Contact Information
If you would like to know more about Forum Partners or their development initiatives, please reach out to:
Jennifer Franklin
Spotlight Marketing Communications
(949) 427-1385
jennifer@spotlightmarcom.com
Frequently Asked Questions
What is the purpose of the funds raised by Forum Partners?
The funds will be used to acquire an industrial site for development, specifically the Newlands Park Nottingham Gateway, which aims to capitalize on logistics growth.
What is Newlands Park Nottingham Gateway?
It is an entitled industrial development site in a major logistics corridor, aimed at enhancing the economic landscape of logistics in the U.K.
What is the significance of the site’s location?
The site offers unparalleled access to the extensive U.K. road network, connecting to a large portion of the British population.
How long has Forum Partners been active in the market?
Forum Partners was established in 2002 and has a strong track record in global real estate investments.
How much capital has Forum Partners managed to invest till now?
The firm has invested approximately $7.7 billion across 24 countries, building a robust portfolio in commercial real estate.
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