UK Logistics Venture 2 (UKLV2) · Astley development venture
Co-investment; exact stake not disclosed
Venture formation announced ·
The 2022 announcement identifies UKLV2's investors; PLP's January 2025 acquisition announcement connects Astley to that venture. These are venture-level investments, not verified direct stakes in an Astley property company or current land-title ownership. Exact percentages and subsequent changes remain unverified.
Ownership & related brands
Evidence · 3 sources
- Formation of PLP's second UK logistics venture (UKLV2) (opens in a new tab)
PLP · 16 June 2022: Ivanhoé Cambridge majority investment; Peel L&P, Greater Manchester Pension Fund and PLP co-investment
Accessed 9 Oct 2026 - PLP acquires Astley Business Park in Wigan (opens in a new tab)
PLP · 7 January 2025: acquisition from Peel Waters and development on behalf of UKLV2; named institutional capital partners
Accessed 9 Oct 2026 - La Caisse history: real estate integration (opens in a new tab)
La Caisse · 2024: integration of real estate subsidiaries Ivanhoé Cambridge and Otéra Capital
Accessed 9 Oct 2026