Forum Partners Secures Full $12 Million Fund for UK Logistics Project
Deal News | Jan 23, 2025 | Forum Partners Investment Mana
Forum Partners, a global real estate investment manager, has successfully completed the funding for its latest project, Newlands Development Opportunities I, LLC, with a total commitment of $12 million. This fund aims at supporting Newlands Property Group, Ltd., Forum's portfolio company, in acquiring and developing Newlands Park Nottingham Gateway in the UK’s Golden Triangle logistics corridor. The project benefits from strategic location and high investor interest in the UK's logistics sector. Talking about the project, David Keir, chairman of Newlands Property Group, highlights the potential for development and long-term investments in the logistics market. Newlands has secured approval for a 834,000-square-foot development on the site. The project will benefit from excellent connectivity via the UK road network, providing access to a significant portion of the British population. Forum Partners continues to leverage its expertise in managing real assets and unlocking asset values across its global investments.
Sectors
- Real Estate Investment
- Logistics & Industrial Development
Geography
- United Kingdom – The development site, Newlands Park Nottingham Gateway, is located in the UK’s premier Golden Triangle logistics corridor.
Industry
- Real Estate Investment – The article discusses Forum Partners as a global real estate investment and asset management firm.
- Logistics & Industrial Development – The focus of the article is on Newlands Park Nottingham Gateway, a logistics and industrial development project.
Financials
- $12 million – Total capital commitments for the Newlands Development Opportunities I fund.
Participants
Name | Role | Type | Description |
---|---|---|---|
Forum Partners | Investor/Owner | Company | A global real estate investment and asset management firm. |
Newlands Property Group, Ltd. | Developing Partner | Company | A specialist industrial and logistics developer working with Forum Partners. |
David Keir | Chairman | Person | Chairman of Newlands Property Group, who provided commentary on the project. |