Centersquare investment management is an investment management firm that focuses on real estate and infrastructure investments. Recently, Centersquare participated in major equity financing rounds for Lineage Logistics and Segro, two of the largest logistics REITs globally. This highlights Centersquare’s bullish outlook on logistics real estate amidst the e-commerce boom.
Centersquare backs Lineage Logistics’ $1.9B equity raise
In March 2021, Centersquare was one of the lead investors in a $1.9B equity raise for Lineage Logistics, the largest temperature-controlled industrial REIT. Lineage will use the funds to expand its global network through developing new facilities, acquisitions, and investing in technology and automation. Centersquare’s investment signals its positive view on the cold storage sector given rising consumer demand for fresh and frozen foods.
Centersquare invests in Segro’s $1.9B equity issuance
In November 2020, Centersquare participated in Segro’s $1.9B equity issuance. Segro is a UK-based REIT focused on logistics assets such as warehouses and distribution centers. The equity raise will help Segro capitalize on strong tenant demand for logistics space, especially from e-commerce companies. Centersquare’s decision to invest in Segro underscores its bullish outlook on logistics real estate amidst rapidly growing e-commerce activity.
Centersquare’s major investments in Lineage Logistics and Segro reflect its positive long-term view on logistics real estate. With the ongoing boom in e-commerce and the cold chain, Centersquare is betting on the continued strong performance of temperature-controlled warehouses and logistics facilities.