CMS advises on partnership arrangements relating to European Green Logistics Space

CMS has acted as legal advisor to EGLS Founders Holding on the partnership arrangements with Kamco Invest, one of the largest asset managers in the Middle East and North Africa region. The collaboration utilises European Green Logistics Space, a newly established company created for the purpose of this joint venture.

Led by logistics real estate veteran Ian Worboys, EGLS will deliver modern, sustainable big box and urban logistics facilities through a two-pronged strategy. It will acquire existing assets which can be improved, retrofitted and turned into modern, sustainable facilities. It will also carry out ground-up developments. For all its projects, it will aim to work with investors and occupiers to meet the highest standards of sustainability.

EGLS will work with Kamco Invest, along with a small number of other large investors, with different investment strategies, on a separate account basis. It has already lined up a strong pipeline of sites and standing assets to be acquired.

The venture will initially focus on the UK, France, Germany, the Czech Republic, and Poland, with plans for further expansion.

This partnership highlights Kamco Invest’s commitment to ESG-focused investments and advancing modern logistics solutions globally.

The CMS team, led by partner Helen Rodwell, and including David Cranfield and Eliska Copland (Corporate), advised on drafting and implementing the legal arrangements that underpin this collaboration.