Staybrook secures private equity backing and launches logistics assault

• What Revcap has bought a minority stake in Staybrook  
• Why It is funding an initial €150m mid-box and urban logistics strategy with the manager
• What next The corporate investment will also allow the business to pursue other investment strategies, including in the UK office sector

Revcap has backed Staybrook Capital for its debut strategy and taken a minority stake in the business, Green Street News can reveal. The investment by the private equity firm into the newly formed manager will result in the creation of a strategic funding partnership that will target an initial €150m logistics portfolio. The pan-European initiative will buy value-add mid-box and urban logistics assets across the UK, Germany, Benelux, France, northern Italy and Spain. An initial pipeline has already been identified in key markets. Staybrook and Revcap plan to continue to expand the platform beyond the initial phase, through targeted acquisitions with an emphasis on repriced assets and development in supply-constrained submarkets. Staybrook will also aim to leverage its sourcing capabilities to identify and structure larger core-plus industrial investments on behalf of Revcap’s clients.

“The fundamentals for the logistics markets are holding up, pricing is adjusting, which is creating an attractive window to acquire assets”

Rob Brook, Staybrook

The corporate investment by Revcap will also allow Staybrook to pursue other investment strategies, including in the UK office sector, with the business ramping up at a time it believes it can take advantage of market conditions at a compelling entry point. Staybrook was launched in last October by a trio of senior executives: Adrian McStay, chief executive and former managing director of UK regions and national team at CBRE; Rob Brook, chief investment officer and former Patrizia head of logistics and alternatives; and Teresa Dyer, chief operating officer and former board member and co-founder of M7 Real Estate. The business has also since recruited Ashley Hancox, former national head of office agency at CBRE, as head of office occupier strategy.

“Proven experience and deep market insight”

Brook, Staybrook’s chief investment officer, said: “We believe now is a pivotal moment for European industrial and logistics investment. “While we acknowledge the challenges faced by the real estate market in the near term, the fundamentals for the logistics markets are holding up, pricing is adjusting, which is creating an attractive window to acquire assets with the potential to meet occupier’s requirements.”
Stephen Ward, partner and director of platform business at Revcap, added: “We have been seeking the right team and strategy to increase exposure to European industrial and logistics markets. “Staybrook’s specialists have proven experience and deep market insight. This investment reflects our confidence in their ability to source compelling value-add assets at a cyclical inflection point. We share their view that current market fundamentals – stable occupier demand and limited new supply – are creating attractive opportunities.”

This article first appeared in Green Street News on 17 June 2025 and was written by David Hatcher.