Schroders Capital and University Pension Plan Ontario (UPP) have formed a strategic partnership to invest in high-quality logistics and industrial real estate across Northwestern Europe. The partnership was established through UPP’s investment in the Real Estate Gateway Fund, a portfolio of industrial logistics and warehousing assets across the Netherlands.

This partnership combines long-term capital and sector expertise, with a shared focus on long-term value creation and embedding material environmental, social, and governance considerations into asset management to support effective risk management and long-term pension security. It also supports UPP’s strategy to build a well-diversified real estate portfolio focused on stable, long-term returns for members.

Schroders Capital’s real estate team focuses on a range of mid-sized, urban, industrial logistics assets in high-demand locations, including income-generating land and last-mile distribution. The Fund aims for long-term steady returns correlated to inflation through a mix of capital gains and income, delivered by Schroders Capital’s team of more than 50 real estate professionals, harnessing strong local operational expertise across core markets and a strong track-record of outperforming the industry benchmark since managing the assets in 2006.

Peter Martin Larsen, Senior Managing Director and Head of Private Markets, UPP, said: ​“We are delighted to establish this partnership with Schroders Capital. The investment supports our strategy to build a resilient, income-generating real estate portfolio through partnering with leading real estate specialists and investing in markets with strong fundamentals. The Real Estate Gateway Fund provides exposure to a diversified portfolio of core European industrial assets that offer attractive inflation protection, stable long-term income, and downside resilience. By partnering with Schroders , we are strengthening our European real estate platform while positioning the portfolio to deliver reliable, long-term, inflation-linked returns for our members.” Nick Montgomery, Global Head of Real Estate, Schroders Capital, said: ​“We are thrilled to welcome UPP as a strategic partner and investor in our Real Estate Gateway Fund. UPP’s long-term approach and strong focus on responsible investment are closely aligned with our own values. This partnership exemplifies growing institutional confidence in our platform and underscores the relevance of our pan-European, sector-focused strategy for secure and sustainable returns.”

Pieter Akkerman, Co-Head of Real Estate Netherlands and Portfolio Manager, Schroders Capital, said: ​“There is a clear opportunity set in this sector and our strategy aligns with the long-term occupational trends in logistics and industrial sectors. The growth of e-commerce from the expansion of online shopping, supply chain resiliency, the tight supply of quality assets and increased sustainability standards are all driving investment opportunities across AAA-rated European economies. ​“We have an established portfolio, delivered by a team with local operational expertise across the Netherlands and Germany, combined with the global capabilities of the Schroders Capital platform. ​“We’re pleased in the trust placed in us by UPP.”