LeftField UK Logistics Fund

About Leftfield

Leftfield is a boutique, private equity Real Estate Fund Manager that specialises in UK Logistics and Industrial Property investments. Its London-based investment team is uniquely skilled and highly experienced in the market and in the sector, identifying and unlocking investment opportunities. The team is co-invested into the fund on the same terms, conditions and cost.

Leftfield recently sold part of Leftfield Fund II to GIC / Kennedy Wilson for £228 million which is at a record 3% yield. Leftfield has returned an average of 22.1% per annum net to investors since Fund I was incorporated in 2015.

Leftfield Fund III has been seeded with £42m of assets, with significant unrealised upside potential from value-add actions that have already been initiated. Investors coming in now are benefiting from these unrealised value increases once the fund is re-valued.

The Strategy will build on Leftfield’s deep industry relationships to build a best-in-class portfolio of UK Industrial & Logistics assets through on and off-market acquisitions and forward-fund developments, growing the portfolio value through active asset management and outstanding due diligence. Leftfield’s management team are invested side-by-side on equal terms with all investors holding c. 25% of Investor equity, whilst being incentivised through outperformance rather than through traditional fees.

An example of one of these seed assets would be:

Recently acquired Leftfield Park, Walsall, West Midlands (above) – a 110,000sqst industrial warehouse located in Walsall, Birmingham (completion in Q1, 2023).

Other assets include:

• Caledonian Park, Wishaw
• Development site in Corby, Northamptonshire (completion in Q3, 2023)