Commercial: National £200m Crosstree and Bloom Joint Venture launched September 23rd, 2024 Deividas Krupstas Crosstree Real Estate Partners has officially expanded into the industrial and logistics real estate sector through a new £200 million joint venture with Bloom. This marks Crosstree’s debut in the growing logistics market, a sector that continues to thrive amidst strong investor demand.The partnership will focus on identifying industrial real estate opportunities across the UK, with particular emphasis on major cities, including London. As an initial step in executing their strategy, the joint venture has already secured its first acquisition—an industrial property in London—demonstrating its commitment to swift capital deployment and growth in this high-demand market.The formation of this joint venture comes at a time when the industrial and logistics real estate sector is seeing robust performance, driven by rising demand for well-positioned assets in key urban centres. Crosstree’s entry into this market underscores its intention to diversify its portfolio, which has previously centred around retail, office, and hospitality sectors.By partnering with Bloom, Crosstree is tapping into a wealth of logistics expertise, enhancing its ability to successfully navigate this new space. The collaboration between the two firms aims to combine their complementary strengths, positioning them to capitalise on the sector’s strong fundamentals, driven by e-commerce growth and evolving supply chain dynamics.This joint venture is part of a broader trend within the real estate industry, where logistics and industrial assets are increasingly viewed as essential investment opportunities, benefiting from sustained market demand and future growth potential.