Pan-European logistics specialist Infinium Logistics Solutions has appointed Phil Bayliss to head up its new property investment company, Infinium Logistics Properties.
Infinium Logistics Properties has been established to lead institutional investment into decarbonising, electrifying and optimising the logistics chain.
According to research by Gartner, the last mile currently costs around 40% of the total delivery expense and produces a disproportionate volume of carbon emissions in the areas that people live.
It will target the creation of a new sustainability-focused asset class which combines commercial real estate and electric vehicle (ev) infrastructure, and also focus on urban logistics hubs and parcel lockers.
Says James Lee, chairman of Infinium Logistics: 'I am thrilled to welcome Phil to the Infinium team, bringing with him the proven ability to structure and invest in new and emerging sectors of the property market that are backed by long term structural growth
drivers.
'He has joined a business with deep logistics and mobility know-how, and we are excited to have Phil and his team utilising this expertise in order to deliver great, wideranging products and solutions for our global supply chain customers that enhance their
operational performance and address the growing pressures of climate change.'
Bayliss has joined the business from Legal & General, where he has held a number of senior roles over the past 14 years, focused on establishing and scaling growth businesses and leading institutional investment into emerging markets within the property sector.
Most recently he was CEO of Later Living at Legal & General Capital, responsible for establishing Inspired Villages, a market leading developer and operator of retirement communities across the UK.
In addition to his role as CEO of Infinium Logistics Properties, he has also taken on the role of executive chairman of Inspired Villages, which is scaling up the delivery of net zero carbon later-living communities across the UK.
