Dallas-based property firm Hillwood is to enter the European logistics market, with €1 bn to invest over the next three to four years.

Dallas-based property firm Hillwood is to enter the European logistics market, with €1 bn to invest over the next three to four years.

Hillwood Europe will have offices in Warsaw and Frankfurt to focus on the Polish and German markets.
Hillwood is owned by Ross Perot Jr, the son of former US presidential candidate Ross Perot.

'Hillwood is very excited to enter the logistics real estate market in Europe,' said Perot Jr. 'Unlike most investors recently interested in Europe, this is a long-term commitment based on building our business through acquisitions and development. We are comfortable doing this one building at a time.'