Greykite rolls out €800m European logistics platform

European real estate investor Greykite has launched Silverdock, an €800 mln European logistics platform.

Greykite Silverdock logistics platform

This platform combines a 13-property portfolio acquired from Logicor last year with three new off-market acquisitions in the UK, totalling around 371,612 m2.
Greykite is partnering with logistics operator Canmoor to manage the UK properties and European logistics operator Bowery for the continental European assets.
Silverdock now comprises over 25 properties, mostly single-tenant, located in prime logistics hubs across Europe. With a 99% occupancy rate and a diverse range of high-quality tenants across sectors including e-commerce, third-party logistics, manufacturing, and food distribution, the platform is well-positioned for future growth and benefits from strong potential for increased value through proactive management.
Michael Abel, founder and CEO of Greykite, commented: “Silverdock underscores our commitment to delivering best-in-class logistics assets across Europe’s key markets, partnering with local market experts like Canmoor and Bowery, which enhances our ability to unlock value through operational expertise. The ongoing market dislocation we are seeing across Europe continues to restrict the pool of capital with the firepower and conviction to invest, and this relative hiatus, coupled with our ability to identify and then successfully facilitate transactions with pockets of motivated sellers, has enabled us to capture the next wave of logistics demand across Europe’s most dynamic markets.”
Dan Valenzano, senior partner of Greykite, added: “Silverdock’s launch is the culmination of a targeted and proactive investment strategy focused on assembling institutional-grade logistics assets in structurally undersupplied locations. With Silverdock, we are not only aggregating scale but also creating a unique platform with embedded growth, strategic optionality, and long-term relevance in the European logistics sector.”
Tom White, director of Canmoor, stated: “We are delighted to be working with Greykite on the Silverdock logistics strategy in the UK. Canmoor has a strong track record of sourcing off-market deals and delivering high-quality asset management solutions for our partners, and the complementary skillsets of Canmoor and Greykite position us well to achieve strong outperformance from the portfolio.”
Greykite intends to grow Silverdock by acquiring more high-quality logistics assets in key European and UK markets facing limited supply.