Private equity group Starwood has agreed to acquire a major UK real estate portfolio for £673.5 million, while listed warehouse landlord Segro is set to purchase Tritax EuroBox in a £553 million all-share deal. These transactions signal a resurgence in the commercial property market after a two-year downturn, particularly in the logistics sector.

Starwood’s acquisition includes properties managed by Columbia Threadneedle, notably a central London estate near Bond Street and several warehousing assets across the UK. Meanwhile, Segro’s acquisition of Tritax EuroBox, which is supported by the smaller landlord’s board, adds a portfolio of large warehouses in key European markets.

David Sleath, Segro’s chief executive, highlighted the strategic value of the purchase, stating that the acquisition would add “a high-quality portfolio of big box warehouses in core European markets which would complement and enhance our existing assets.”

This follows other recent deals in the logistics sector, with Blackstone also securing a majority stake in a large European logistics portfolio earlier this week. Investors continue to focus on logistics properties due to their resilience and faster recovery compared to other sectors. According to Green Street’s Industrial Index, values in the sector have increased by almost 1% in the year to June, outperforming other commercial real estate segments.

Matthew Parrott, Starwood’s managing director, noted that their acquisition would “increase our exposure to logistics and other high-conviction sectors.”

These types of transactions are exactly the sort of opportunities discussed at the UKREiiF event, which brings together property professionals from across the UK. For those interested in property networking events, UKREiiF offers a chance to connect with leaders from across the industry.

To register your place at the UK’s biggest real estate and property festival, visit https://www.ukreiif.com/ukreiif-2025/.