Madison recapitalized a 46.5% interest in an existing stabilizedportfolio of Class A industrial assets to provide growth capital for pre-leased follow-on development projects across Poland, Germany,
and Spain. One partner sought to sell down up to 50.0% of its commitment in a joint venture with a leading European logistics developer and a real estate private equity firm to invest in and develop Class A European logistics.
The seed portfolio is exposed to Poland’s top logistics markets, which hold strategic importance in the EU trade network and is leased to credit tenants such as Carrefour and Kaufland. Historically, European logistics have proven resilient through market dislocation and the portfolio has benefited from high occupancy and strong demand for short-term expansion space.
