what is Westbrooke Argo Last Mile?

Westbrooke Argo Last Mile is a partnership between Westbrooke UK and Argo Real Estate Limited, established to create a sizeable portfolio of smaller last- mile logistics sites in core urban locations throughout the UK. The investment strategy takes advantage of the increasing supply / demand imbalance due to the acceleration of online retail and the resultant requirement for last-mile logistics.

Through Argo’s network of proprietary deal flow, investors are offered sizeable co-investment opportunities, providing them with flexibility to select and co-invest in the underlying deals.

LAUNCH DATE:
2020
INDUSTRY:
UK LAST-MILE LOGISTICS
FUND TYPE:
DEAL-BY-DEAL
INVESTMENT DOMICILE:
LUXEMBOURG
TARGET NET RETURN IN GBP:
10-15% P.A.
CASH YIELD:
YES

key investment highlights

Experienced UK investment team with track record

Attractive annual cash yields (in GBP)

Deep industry relationships and sector knowledge

Target mid-teen net investor IRRs

Co-investment structure creates flexibility

Route to exit / liquidity within 5 years

Value creation strategy, with robust base case