Sixth Street Expands UK Logistics Portfolio with New Acquisition
Deal News | May 08, 2025 | Sixth Street Partners
Sixth Street Partners, a global investment firm, and Copley Point Capital Limited have completed the acquisition of a portfolio of five logistics assets from Barings. The portfolio covers around 0.8 million square feet in key UK logistics hubs. This acquisition expands their joint portfolio to 11 assets across 3.3 million square feet since the joint venture's inception in November 2024. The strategy focuses on acquiring high-quality industrial real estate in robust logistics markets across the UK. Nimit Oberoi of Copley Point emphasized the firm's commitment to being a dependable liquidity provider and plans to continue scaling their strategy by exploring further opportunities. Cushman and Wakefield advised on the transaction. Sixth Street, with $100 billion in assets under management, is known for its long-term capital strategy and diverse investment solutions. Copley Point, founded in 2019, focuses on UK real estate, managing over 800 million in assets, and is actively involved in the energy transition of UK property.
Sectors
- Real Estate
- Logistics
Geography
- United Kingdom – The logistics assets are located across key UK logistics hubs, making the UK the relevant geography.
- Global – Sixth Street is described as a global investment firm, expanding its influence beyond the UK.
Industry
- Real Estate – The article primarily deals with the acquisition of logistics assets, which falls under the real estate industry.
- Logistics – The assets acquired are logistics assets, making the logistics industry relevant.
Financials
- 800 million – Copley Point manages more than 800 million in assets.
- 100 billion – Sixth Street has over $100 billion in assets under management and committed capital.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Sixth Street | Acquirer | Company | A global investment firm involved in the acquisition of logistics assets. |
| Copley Point Capital Limited | Acquirer | Company | An owner and operator of UK industrial property, partnering with Sixth Street in the acquisition. |
| Barings | Seller | Company | The company selling the logistics assets to Sixth Street and Copley Point. |
| Cushman and Wakefield | Advisor | Company | They advised the buyer on the transaction. |