Nova Group, GBC reposted this
Nova Ambiente was commissioned by Mirastar Real Estate Investment Management to provide Phase I Environmental Reviews of five logistics sites, in North West England and Yorkshire, to support their acquisition of the portfolio by KKR-Mirastar. The sites are strategically located close to transport links and population centres, and have been constructed with excellent specifications, such as BREEAM Very Good certifications. Nova Ambiente (part of Nova Group, GBC) was delighted to act as environmental advisors for the purposes of the transaction and thank Mirastar for their continued trust in our services. https://lnkd.in/dCPvPuJC
📰 Mirastar and KKR Complete Acquisition of Prime 890,000 sq ft UK Logistics Portfolio Mirastar Real Estate Investment Management and KKR are pleased to have completed the off-market acquisition of a prime UK logistics portfolio, totaling 890k SQ FT. The five assets are strategically located in the North-West of England and Yorkshire in close proximity to key transport infrastructure and major population centers. The portfolio is currently 80% let to a secure and diverse tenant mix with a weighted average lease term to break of 10 years. The assets were developed and owned by PLP with best-in-class specifications, including BREEAM Very Good certifications and EPC A ratings. Mirastar's CEO & Co-Founder, Ekaterina Avdonina said: “This impressive portfolio follows our careful approach to asset selection across Europe as we look to aggregate well-specified assets in key logistics locations. The North-West and North of England have performed strongly in the recent years, and we expect this trend to continue as we enter an exciting stage of the UK real estate market cycle.” The Mirastar team look forward to an exciting end of 2024 alongside KKR, across their European real estate equity strategies. 🌟 #RealEstate #Logistics #Investment #UKRealEstate #KKR #Mirastar #LogisticsPortfolio #SustainableRealEstate #BREEAM #EPC #AssetManagement #NorthWestEngland #Yorkshire #EuropeanInvestments Well done team: Ekaterina Avdonina, Fiona Kilian, Leon Alvos, CFA, Guy Heilpern, Kris Britland, Seb d'Avanzo, Mark Ekinde, Manfred Obiltschnig! And thank you to our advisors: DTRE LLP, Clifford Chance Global Real Estate, Gibson Dunn, Savills, Nova Ambiente (part of Nova Group, GBC), Deloitte, Syzygy. 🔗Link to article: https://lnkd.in/eb_Xy7bC