Brookfield and Copley Point Capital have acquired three distribution warehouses at Heathrow Airport to strengthen their position in the undersupplied UK logistics market.

Target Information

Brookfield, in collaboration with Copley Point Capital, has announced the acquisition of three strategically located distribution warehouses adjacent to the Northern runway at London Heathrow Airport. The total area of the properties encompasses 220,000 square feet and consists of three Grade A units that play a vital role in air cargo logistics for their tenants: DHL, Circle Express, and Air Menzies. Notably, these warehouses feature bonded status, permitting the pre-clearance of goods for aircraft loading, which enhances the efficiency of air cargo handling operations.

The newly acquired warehouses are part of the Polar Park estate, which includes an additional facility leased to the Metropolitan Police Authority. This acquisition builds upon a series of strategic investments made earlier this year, whereby Brookfield and Copley Point recapped three big-box distribution warehouses totaling 1.4 million square feet, located in prime areas across the East Midlands and North West regions of the UK.

Industry Overview in the UK

The UK logistics sector is experiencing robust growth, driven by increasing demand for efficient supply chain solutions and a surge in e-commerce activities. London's logistics landscape, in particular, is characterized by a significant undersupply of strat