March 5, 2025
Sixth Street and Copley Point Announce Acquisition of Three UK Industrial Assets
London, March 5, 2025 – Sixth Street, a leading global investment firm, and Copley Point Capital Limited (“Copley Point”), an owner and operator of UK industrial property, today announced that their previously announced joint venture has acquired a portfolio of three logistics assets from National Farmers Union Mutual Insurance Society totalling 0.9 million square feet located in prime logistics hubs. Two of the assets totalling 0.5 million square feet are leased to Fowler Welch and Great Bear, and are located within Magna Park, Lutterworth, one of the UK’s premier distribution parks located in the Golden Triangle. The third asset is leased to Amazon and located in Doncaster.
The acquisition brings the joint venture’s portfolio to six assets across 2.5 million square feet – each acquired since its formation in November 2024 – and continues its strategy focused on acquiring high-quality, mission-critical industrial real estate in strong logistics markets across the UK.
Guillaume Savoie-Coulonval, Managing Director at Copley Point, commented, “We are delighted to expand our partnership with Sixth Street and add to our high-quality portfolio. These three distribution warehouses exemplify the type of investments we are targeting across the UK. We remain acquisitive and continue to offer a reliable solution to sellers in the current market environment.”
BSBRE advised the seller on the transaction.
About Sixth Street
Sixth Street is a global investment firm with over $100 billion in assets under management and committed capital.* The firm uses its long-term flexible capital, data-enabled capabilities, and One Team culture to develop themes and offer solutions to companies across all stages of growth. Founded in 2009, Sixth Street has more than 650 team members including over 280 investment professionals around the world.1 For more information, visit www.sixthstreet.com or follow Sixth Street on LinkedIn.
About Copley Point
Founded in 2019, Copley Point is a specialised principal investor and asset manager of UK real estate and related real assets. It manages more than £700 million of assets through a series of joint ventures and platforms where it is invested alongside institutional investors. The firm’s UK industrial property platform, Block Industrial, is specialised in mid and large box deals. Since the inception of the platform in 2020 it has also partnered with Brookfield. Copley Point is also a significant investor in the energy transition of UK property through its large shareholding in heat electrification specialist, Rendesco. More information is available at www.copleypoint.com.
Media Contacts
| Copley Point: | media@copleypoint.com |
| Sixth Street: | sixthstreetmedia@sixthstreet.com |
1Total Sixth Street employees as of 09/30/2024