Aerial view of warehouse facilities Swindon Distribution Park, one of the UK assets in the Gazeley portfolio.

LONDON—Industrial giant Global Logistics Properties, soon to be taken private by an investor consortium, is making its entry into the European market with the US$2.8-billion acquisition of Gazeley from Brookfield. The acquisition has the support of Nesta Investment Holdings Ltd., the group which this past July agreed to pay US$2.46 per share for GLP.