Starwood looking for European big-box acquisitions

29 April 2014

Starwood Capital is reportedly looking for warehouse investment opportunities across Europe. The US investor recently created a joint venture with the UK’s M & Real Estate, called MStar Europe, and plans to pour €500m into the European big box market, with a focus on Germany. Despite its €280m investment into The Park office complex in Prague last year, however, Starwood lags behind another US-based investor: Blackstone has been snatching up European warehouses through its logistics arm Logicor. The company is reportedly in negotiations to buy Panattoni Park Prague Airport.

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