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Crossbay fund to transform UK last mile logistics

MARK (formerly the pan-European real estate investment manager, Meyer Bergman), the pan-European real estate investment manager, has raised £495 million for its last mile logistics fund Crossbay from a range of global investors, including Credit Suisse, Nuveen and CBRE GI. The fund was over subscribed by more than £150 million, showing the extent of interest from investors in UK last mile logistics. Crossbay will target premises occupied by a single tenant near major gateway cities. Growth ...
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