Newlands Property Group Limited (NPGL) has finalised the acquisition of Equites Property Fund’s interests in the Equites Newlands Group Limited development platform. This acquisition includes Special Purpose Vehicles (SPVs) associated with logistics projects in Cambridge, Rushden, Northampton, and additional sites in Egham, Peterborough, and Goldthorpe, subject to certain conditions. The joint control of projects near Newport Pagnell, Basingstoke, and Coton Park remains between NPGL and Equites.

Russell Platt, CEO of Forum Partners, expressed enthusiasm for the strengthened relationship, noting the strategic value of the acquired assets. “This acquisition strengthens our relationship with the Newlands team, allowing them to secure strategic assets from their previous partner, Equites. The agreement also sets favourable terms for three projects where Newlands and Equites will remain co-investors. With one of the largest land banks of strategic logistics sites in the UK, Newlands is well-positioned to capitalise on current market dynamics.”

Graham Pardoe, CEO of Newlands Developments, echoed this sentiment, highlighting the imminent market readiness of these logistics sites. “Our experienced team is on the verge of bringing key logistics sites to market. With our extensive land bank, we are well-positioned to meet growing demands and drive further investment into the logistics sector.”

NPGL, formed in March 2024 by Newlands Developments and Forum Partners, will focus on the acquisition, development, and management of logistics and industrial projects across the UK, with an emphasis on the Midlands and South East.

Forum Partners, since its establishment in 2002, has deployed approximately $7.7 billion across 24 countries, with Newlands management delivering over 37 million square feet of space for clients like DHL and Amazon. Their current pipeline includes 15 million square feet across 10 UK projects.

This development is typical of the discussions at UKREiiF, where property professionals from across the UK gather. To register for the UK’s largest real estate event, visit https://www.ukreiif.com/ukreiif-2025/.