What URBZ Capital does

URBZ Capital B.V. is a privately-held Amsterdam-based real estate boutique founded in 2020 by former Prologis executives Ali Nassiri and Bram Verhoeven to invest in and manage urban logistics real estate across Northern Europe on behalf of institutional capital partners. The firm operates three core investment strategies — Last Mile Logistics Real Estate, Industrial Outdoor Storage (IOS), and Mid Box Logistics — under a single platform managing €500 million+ in AUM across 40+ assets in the Netherlands, Germany, Sweden, and the United Kingdom. Capital partners include Ivanhoé Cambridge (CDPQ), Grosvenor's Diversified Property Investments, NW1 Partners, and CBRE Investment Management, with aggregate capital commitments exceeding €1 billion across multiple vehicles, including a €400 million last-mile platform, a €192 million Dutch IOS vehicle, a €150 million Dutch mid-box JV, and a €300 million German IOS venture.

The firm's product offering centers on acquiring underutilized and off-market logistics assets in urban infill locations and major logistics gateways, then renovating or repositioning them to ESG standards codified in the proprietary URBZ Standard® framework (covering Social, Smart, and Sustainable KPIs with BREEAM Excellent and Paris Proof alignment). Tenant relationships include DHL, PostNL, DSV, Scania, Budbee, Nordicon Terminals, Eurocept Homecare, Wilko Fruit, and DP World. Technology integration is physical-asset oriented — IoT, smart LED, EV charging, digital building management — rather than a proprietary software platform. Acquisitions are sourced off-market through an advisor network spanning JLL, Cushman & Wakefield, Avison Young, 1530 Real Estate, AKD, and ERM.

URBZ earns revenue primarily through investment management fees and asset management fees on managed mandates (institutional capital is the LP-side customer), supplemented by development/redevelopment management fees on brown-to-green repositioning projects. The firm donates 10% of annual net profit to the affiliated Stichting URBZ Society non-profit, an outflow rather than a revenue stream but a defining element of the firm's shared-value structure.

Name

URBZ Capital

Legal name

URBZ Capital B.V.

Website

https://urbzcapital.com

Company type

Private

Founded year

2020

Operating status

Operating

Headcount range

1–10 employees

Short description

URBZ Capital is an Amsterdam-based real estate boutique, founded in 2020 by former Prologis executives, that invests in and manages last-mile, mid-box, and industrial outdoor storage logistics properties across Northern Europe on behalf of institutional capital partners, with €500M+ AUM across 40+ assets in four countries.

Ownership category

akta.pro rank

Product category

Logistics Real Estate Investment & Asset Management

NAICS

Real Estate and Rental and Leasing (53), Offices of Real Estate Agents and Brokers (5312)

SIC

Investors, Nec (6799), Real Estate Agents & Managers (For Others) (6531)

akta.pro primary industry

Real Estate / PropTech Growth Equity (FSANACAH)

akta.pro secondary industry

Warehousing & Logistics Facilities Brokerage (BPAJACAA)

Keywords

• Logistics real estate investment
• Last mile logistics assets
• Industrial outdoor storage
• Asset management services
• Urban infill logistics

Headquarters

HQ city

Amsterdam

HQ country

Netherlands

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Supply Chain

Revenue model

1. Asset Management Fees: URBZ Capital earns asset management fees as the investment and asset manager on behalf of institutional capital partners such as Ivanhoé Cambridge, Grosvenor, and NW1 Partners. These fees are typically charged on managed assets under mandate.
2. Investment Management Fees: The firm earns investment management fees for sourcing, executing, and managing acquisitions across mandates including the Last Mile Venture with Ivanhoé Cambridge (up to €400 million deployment), the IOS vehicle with NW1 (€192 million equity), and the Dutch Logistics Joint Venture with Grosvenor (€150 million).
3. Development & Redevelopment Management: URBZ Capital manages redevelopment and renovation projects for logistics properties (e.g., Utrecht Nieuwegein, Munich, Stockholm Rosersberg), aligning assets with the URBZ Standard® and charging development/management fees for overseeing construction, ESG upgrades, and repositioning.
4. Net Profit Donation (URBZ Society): URBZ Capital Management BV donates 10% of its net profit to Stichting URBZ Society at the end of each financial year, supporting social impact initiatives. This is an outflow rather than a revenue stream, but reflects the firm's shared-value model.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels6 records

Core offering

URBZ Capital is a real estate boutique that invests in, develops, and asset-manages urban logistics real estate — primarily last-mile distribution hubs, Industrial Outdoor Storage (IOS), and mid-box logistics facilities — on behalf of institutional capital partners such as Ivanhoé Cambridge/CDPQ, Grosvenor, NW1 Partners, and CBRE Investment Management. The firm sources off-market assets across Northern Europe (Netherlands, Germany, Sweden, UK), upgrades them to CO2-neutral, BREEAM-aligned specifications under its proprietary URBZ Standard® framework, and leases them to logistics, e-commerce, retail, and healthcare tenants. Revenue is generated through investment and asset management fees on mandates totaling over €640 million in capital commitments.

Product overview

URBZ Capital is a pan-European real estate investment and asset management boutique specializing in industrial and logistics properties. The company operates three core investment strategies: Last Mile Logistics Real Estate (in partnership with Ivanhoé Cambridge/CDPQ), Industrial Outside Storage (IOS, in partnership with NW1 Partners), and Mid Box Logistics Real Estate (in partnership with Grosvenor). These strategies are supported by the proprietary URBZ Standard® sustainability framework and the URBZ Society non-profit initiative. URBZ focuses on acquiring, developing, and converting underutilized urban logistics properties into CO2-neutral facilities serving the middle and last-mile supply chain across the Netherlands, Germany, Sweden, and the UK.

Differentiator

Problem solved

Functional benefit

Brands

• URBZ Standard: Blueprint for buildings integrating sustainability, social impact, and smart technology benchmarks. Framework with KPIs for asset-level performance benchmarking.
• URBZ Society

Products and services

• Last Mile Logistics Real Estate Investment and asset management of urban last-mile logistics facilities in major Northern European conurbations. URBZ acquires, renovates, and develops CO2-neutral distribution hubs near city centers to serve the middle and last-mile supply chain, on behalf of institutional capital partners including Ivanhoé Cambridge/CDPQ.
• Industrial Outdoor Storage (IOS) Acquisition and aggregation of Industrial Outdoor Storage properties across the Netherlands and Germany. URBZ targets low-density industrial assets in established logistics corridors and aggregates them into institutional-grade portfolios on behalf of capital partners NW1 Partners and CBRE Investment Management.
• Mid Box Logistics Real Estate Partnership with Grosvenor to acquire and develop logistics facilities in key Dutch logistics hubs, applying brown-to-green renovation strategies to transform existing facilities into sustainable, high-performing assets. Targets mid-sized logistics facilities in prime Dutch locations.
• URBZ Standard® Proprietary sustainability and innovation benchmark framework integrating BREEAM certification, social impact, smart technology, and ESG standards for urban logistics facilities. The framework covers three pillars — Social (health and well-being), Smart (building intelligence and efficiency), and Sustainable (climate resilience, CO2 neutrality) — and is used to benchmark asset-level performance across URBZ's managed portfolio.

Quantifiable outcome

• Achieved BREEAM Excellent certification on redevelopment projects (e.g., Utrecht Nieuwegein, Stockholm Rosersberg)
• +5 more outcomes

Named customers10 records

Segments4 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Eight partnerships are on record, tiered core and minor.

• NW1 PartnerscoreStrategic or Co-development Partner · 24 April 2025NW1 Partners, established 2016, partnered with URBZ Capital in 2023 to launch an Industrial Outdoor Storage (IOS) strategy in the Netherlands. The Dutch IOS vehicle closed at €192 million equity in April 2025, with CBRE IM joining as the final investor. The partnership had deployed over €130 million in the Netherlands by early 2025. The venture targets 20+ IOS sites across key logistics submarkets, totaling 400,000+ sqm. A new German IOS venture was launched in February 2026 with €300 million capital commitment.
• Grosvenor (Diversified Property Investments)coreStrategic or Co-development Partner · 20 January 2025Grosvenor's Diversified Property Investments business established a €150 million Dutch logistics joint venture with URBZ Capital in January 2025. The venture focuses on acquiring and enhancing logistics facilities in key hubs across the Netherlands (Core+ and Value-Add), with a brown-to-green renovation strategy. First acquisition was a 14,000 sqm facility in Den Bosch. Subsequent acquisitions include facilities in Ede, Breda, and Venlo (22,000 sqm Celsiusweg).
• JLLminorImplementation/ SI/ Consulting PartnerJLL (Jones Lang LaSalle) is a recurring advisor to URBZ across multiple transactions — advising on tenant representation (Nieuwegein), acquisitions (Munich, Eindhoven, Stockholm), and financing. JLL is cited as a trusted advisor across the portfolio without a formal exclusive arrangement.
• ERM (Environmental Resources Management)minorImplementation/ SI/ Consulting PartnerERM is cited as a trusted advisor across multiple URBZ transactions including due diligence on environmental and sustainability aspects of acquisitions in Utrecht, Rotterdam, Eindhoven, Munich, and the German Ruhr area.
• 1530 Real EstateImplementation/ SI/ Consulting Partner1530 Real Estate advised URBZ on multiple off-market transactions including the Utrecht acquisitions and Rotterdam/Bidfood sale-and-leaseback.
• Avison YoungminorImplementation/ SI/ Consulting PartnerAvison Young advised Ivanhoé Cambridge and URBZ across multiple acquisition transactions as part of the initial portfolio formation (2021).
• Cushman & WakefieldminorImplementation/ SI/ Consulting PartnerCushman & Wakefield advised URBZ on tenant representation transactions including the DHL Hams Hall lease extension and ESG upgrade programme, and the Eindhoven lease with a Dutch e-commerce company.
• Nordicon TerminalsminorOthersNordicon Terminals is a key logistics operator tenant in Gothenburg, occupying URBZ assets at Förådsgatan 18 (16,000 sqm) and expanding into the newly acquired Arendal site (13,000 sqm). The relationship exemplifies URBZ's active asset management approach through tenant collaboration.

Scale indicators15 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• P3 Logistic Parks: P3 Logistic Parks is a pan-European owner, developer, and manager of logistics warehouses with a long-standing focus on prime logistics real estate. It is comparable to URBZ in its pan-European logistics investment and active asset management approach.
• Mileway: Mileway is Europe's largest owner of last-mile logistics real estate, owning and managing more than 1,700 urban logistics assets across major European cities. It is the most direct competitor to URBZ Capital in the urban last-mile logistics investment and asset management niche.
• Verdion: Verdion is a European logistics real estate developer and investor focused on mid-box and last-mile facilities for institutional clients. It is closely comparable to URBZ in serving institutional capital with purpose-built logistics product in Northern Europe.
• Tritax EuroBox: Tritax EuroBox is a UK-listed investment company focused on large-scale, prime logistics real estate across Continental Europe. It shares URBZ's institutional capital base and pan-European logistics investment thesis.
• Logicor: Logicor is one of the largest owners and operators of logistics real estate in Europe, with a portfolio of approximately 13 million sqm across the continent. It competes with URBZ for institutional logistics capital and tenants across primary European logistics hubs.

Broad incumbents

• SEGRO: SEGRO is a UK-listed REIT and one of the largest owners, developers, and managers of industrial and logistics property in Europe. It is comparable to URBZ as a broad incumbent providing overlapping urban logistics capabilities across major European markets.
• Prologis: Prologis is the global leader in logistics real estate and the former employer of URBZ's co-founders. It is a broad incumbent that increasingly targets urban last-mile and European mid-box opportunities competitive with URBZ's niche.

Emerging players

• Valor Real Estate Partners: Valor Real Estate Partners is a European specialist investment manager focused on urban and last-mile logistics real estate. It is a niche, emerging player with a directly comparable investment thesis to URBZ Capital.

Regional players

• Real I.S. Real I.S. is a German real estate investment manager with logistics and industrial real estate funds targeting institutional investors. It is a regional peer of URBZ in the German market for institutional logistics capital deployment.
• Catena: Catena is a Swedish-listed logistics real estate company focused on the Nordics, with growing exposure to last-mile and urban infill logistics. It is a regional peer overlapping with URBZ's Swedish operations and Nordic capital partner ecosystem.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/urbz-capital

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about URBZ Capital