UK specialist Peel Logistics is merging with Evander Properties.

Evander’s existing institutional clients include L&G, M&G, Aviva, BA Pension Fund and Rockspring.

The company, which will lose its name, has advised occupiers including John Lewis, Waitrose and Debenhams.

Peel Logistics was created last year as a joint venture between Peel Land and Property Group and Macquarie Capital.

Jonathan Harris, Macquarie Capital head of European real estate, said: “We continue to see deep demand from global institutional investors for UK logistics real estate.

“The combination of a management-owned platform, highly experienced leadership, first-class development capability and the support of Peel and Macquarie should be an attractive proposition for a range of investors,” he said. 

Evander’s founder Jeremy Greenland and director Neil Dickinson will become chief executive and COO, respectively.

Greenland founded Evander in 2007, having worked at ProLogis, Astral Developments and JLL.

Former ProLogis colleague Dickinson joined Evander in 2008.