Directors at Evander Properties have joined Peel Logistics in a merger between the two UK logistics firms.
Jeremy Greenland, founder and director of Evander, has been appointed chief executive officer while Neil Dickinson will serve as chief operating officer.
The two will be responsible for integrating the developers’ projects and sourcing new assets in the UK.
Peel Logistics, a joint venture between Peel Land & Property and Macquarie Capital, said the merger was part of its plan to grow across major logistics markets in the Midlands, South East, North West and Yorkshire.
Jonathan Harris, Macquarie Capital head of European real estate, said: “We continue to see deep demand from global institutional investors for UK logistics real estate.
“The combination of a management-owned platform, highly experienced leadership, first-class development capability and the support of Peel and Macquarie should be an attractive proposition for a range of investors.”
The company said it will be looking for third-party institutional capital in its growth strategy.
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