Blackstone’s European logistics real estate platform Logicor expects 2015 to be a year of consolidation following a string of acquisitions in 2014.
Blackstone’s European logistics real estate platform Logicor expects 2015 to be a year of consolidation following a string of acquisitions in 2014.
Mo Bazegar, CEO of Logicor, told PropertyEU at MIPIM that the company more than doubled the total size of its portfolio from three million m2 to almost seven million last year.
He said: ‘Our acquisition pipeline looks quite active and robust. At the same time we're obviously focusing on operating fundamentals, we’ve now substantially completed our asset management platform roll-out across the regions, we have local offices in seven markets now and we're closer to our customers and to our assets.’
Watch the video on our YouTube channel
