It has been announced that a leading European logistics real estate specialist, Logistics Capital Partners, are working with Eurofund Capital Partners on a joint venture, EUROFUND LCP.
The intention of EUROFUND LCP is to meet the changing demands of supply chain and logistic occupiers. This company intends to work across Spain and Portugal. Eurofund will provide expert local knowledge as well as access to planning and technical teams. They will also bring established relationships with retailers to the venture and connections to local municipalities as well as government authorities. These Eurofund Capital Partners expertise will mix with LCP’s competitive knowledge of logistics development as well as their asset management and relationships with their logistics occupier relationships ad operations.
The intention of EUROFUND LCP is to develop a new and state-of-the-art warehouse and logistic facilities that will be located across Spain and Portugal. The partnership will benefit from already established teams that will be able to work immediately on the new venture, and that are already in offices in Madrid, Barcelona, Zaragoza and Lisbon.
With knowledge of retail and logistics operators and the abilities to meet the demands of the sector will be advantages for this new partnership. Within a changing market for supply chain operations and point of sales, there will continue to be a mixture between the two normally separate sectors. Both of these aspects and their continuing to merge are key for the future success of retailers and their long term competitive advantage.
Creating a new company allows LCP and Eurofund to become more competitive in the ever changing ecommerce environment. The skills provided the two companies with merge to give a well-rounded experience for users within the competitive logistics environment. The company having a pan-Europe scope will allow for quick adaptation and expansion, this will allow the companies to keep up with the changing market and the demands of the business user.