PSP Investments and Bridge Industrial Form UK Logistics Joint Venture
Posted on 05/06/2021
Bridge Industrial and the Public Sector Pension Investment Board (PSP Investments) formed a joint venture to acquire and develop logistics properties in the United Kingdom, targeting a portfolio value of £1 billion. This venture plans to have a build-to-core focus, including the acquisition and development of last-mile logistics assets within high-barrier infill submarkets in Greater London and the Midlands region.
Incepted in 2000, Bridge Industrial is a privately owned vertically integrated real estate operating company and investment manager.