Fast-tracked finish to a multilayered logistics deal

Completing the £391 million transaction required deep knowledge at both asset and financial level. The 10 core-plus assets were spread across nine UK locations – and its owner, a joint venture of Goldman Sachs and commercial property developer Canmoor, needed a partner who at the same time could also act as a financial advisor.

JLL’s national investment team had a strong existing relationship with both Canmoor and Goldman Sachs – JLL had previously advised the joint venture on the acquisition of most of the 1,900,000 sq ft portfolio. That meant there was a solid ongoing relationship in place.