KKR and Mirastar have launched XDock 549 onto the leasing market.
The fourth transaction between Mirastar, KKR and Marshall CDP has achieved practical completion in April 2025 and provides 550,000 sq ft of prime logistics space to the leasing market. XDock 549 benefits from both Tax and Custom Freeport status.
Priding themselves on delivering best in class sustainable developments, XDock 549 has been delivered to an EPC A+ rating and BREAM Excellent Certification. Furthermore, a 1 megawatt-peak solar array has been installed which will significantly reduce the future tenants carbon emissions by c.65% when compared to electricity consumed from the UK grid.
The property is strategically located for both regional and national distribution with immediate access to the national motorway network via the M62, M57, M6 and M56 motorways. Situated in the Liverpool Freeport Zone, XDock 549 benefits from both Freeport Customs and Tax Status, which could provide significant cost savings to qualifying occupiers.
Kris Britland, Head of Development at Mirastar, said: “The completion of XDock 549 marks a successful conclusion of the fourth deal with Marshall CDP, demonstrating the strong relationship that Mirastar and KKR have built with our partner developer. We are extremely pleased to have delivered another best in class and sustainable development to the leasing market.”
Simon Marshall, Chief Executive Officer at CDP, said: “We’re proud to build on our strong track record with Mirastar-KKR by delivering XDock 549 — a flagship logistics development at our prime Widnes site. This project marks a major milestone for the area, and we’re delighted to have collaborated with Halton Borough Council to realise the employment potential of the site.”
XDock 549 was financed by a loan made by CBRE Lending on behalf of Greater Manchester Property Venture Fund and Merseyside Pension Fund.
The development has been acquired through a forward-funding structure by KKR Real Estate Partners Europe II, a US$2.2 billion fund dedicated to value add and opportunistic real estate investments in Western Europe
For all leasing enquiries please contact:
Jonathan Atherton of Savills (jatherton@savills.com) and Rob Taylor at Cushmans (rob.p.taylor@cushwake.com).
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About Mirastar
Mirastar is a pan-European logistics developer, investor and asset manager, founded in 2019 by Ekaterina Avdonina, Chief Executive Officer, and Anthony Butler, Chief Investment Officer. The team currently comprises 30 senior real estate professionals and has offices in London, Madrid, Amsterdam, Stockholm and Milan. The team at Mirastar have deployed over €20bn of capital across key European markets and have built and constructed in excess of 3.0m sqm of logistics assets collectively.
About KKR
KKR is a leading global investment firm that offers alternative asset management as well as capital markets and insurance solutions. KKR aims to generate attractive investment returns by following a patient and disciplined investment approach, employing world-class people, and supporting growth in its portfolio companies and communities. KKR sponsors investment funds that invest in private equity, credit and real assets and has strategic partners that manage hedge funds. KKR’s insurance subsidiaries offer retirement, life and reinsurance products under the management of Global Atlantic Financial Group. References to KKR’s investments may include the activities of its sponsored funds and insurance
subsidiaries. For additional information about KKR & Co. Inc. (NYSE: KKR), please visit KKR’s website at www.kkr.com. For additional information about Global Atlantic Financial Group, please visit Global Atlantic Financial Group’s website at www.globalatlantic.com.
Media Contacts
FGS Global
Alastair Elwen / Sophia Johnston
KKR-Lon@FGSGlobal.com
Tel: +44 (0) 20 7251 3801
