The deal covers 34 properties across 97 units, with a strong focus on industrial and logistics space, which makes up the vast majority of the portfolio. A smaller portion is tied to retail assets, giving the portfolio a bit of diversification while still leaning heavily toward warehousing and distribution.

This acquisition was completed off-market and will be folded into what the partners now refer to as the Apex Hedgefund, their joint investment vehicle focused on scalable industrial real estate strategies. Farran will take the lead on asset management while also retaining a minority stake alongside GoldenTree.

Financing for the transaction was once again provided by Bank of America, which has been a recurring partner across several of their recent deals.

The broader strategy behind the Apex Hedgefund is to aggregate mid-sized industrial assets with stable income profiles and long-term upside tied to logistics demand—particularly driven by e-commerce growth and supply chain restructuring in the UK.

Farran itself is a relatively new entrant, founded by a group of experienced real estate executives with a background in listed property vehicles. Since launching, the firm has been actively building out its platform alongside institutional capital partners.

This latest acquisition signals continued momentum, as both firms double down on industrial real estate as a core long-term investment theme.