Development now key to Clarion’s European growth

Clarion Partners Europe is increasing its emphasis on development as its acquisition programme rolls across the continent, the company’s CEO Alistair Calvert told Real Asset Media’s Richard Betts.

The firm, formerly Gramercy Europe until US-based Clarion acquired a majority stake in 2019, will develop both build-to-suit and speculative schemes in Germany, France, Netherlands, Spain and CEE, Calvert said.

Much of the development will be done in joint ventures with local partners but the emphasis remains on high quality logistics buildings in in-demand markets. “Right now there are a lot of locations in Europe that can be characterised as that,” Calvert added.

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