27 April 2026, United Kingdom – Mirastar, KKR Real Estate’s industrial and logistics platform in Europe, today announced the completion of a new lease to an e-commerce retailer at BULK250, Weston Avenue, West Thurrock (UK) – a 250,000 sq ft logistics warehouse strategically located between junctions 30/31 of the M25 and the A13.
This transaction represents the largest logistics letting on the M25 in almost five years, demonstrating Mirastar’s ability to acquire, reposition and lease best-in-class assets in line with its pan-European strategy.
Mirastar strategically acquired the asset in March 2021 and has since delivered an extensive refurbishment programme, repositioning the building to meet the highest modern logistics standards whilst enhancing sustainability credentials. Key works included the installation of a 200kWp rooftop solar array, extensive EV charging infrastructure, a full office refurbishment with new LED lighting and energy-efficient HVAC systems, and significant external yard enhancements providing excellent HGV, trailer storage and parking flexibility.
Robert Brophy, Head of Asset Management, commented: “We are delighted to have completed this letting at BULK250. This transaction is a strong validation of our business plan — acquiring strategically located assets, delivering high-quality, sustainable refurbishments, and attracting world-class occupiers. West Thurrock continues to be one of the most supply-constrained logistics markets in the UK, and we are proud to deliver a building that meets both the operational needs of the occupier and our own ambitious ESG standards.”
Mirastar was represented by JLL, DTRE and Glenny.
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, former Chief Investment Officer. The team currently comprises senior real estate professionals based in London, Paris, Stockholm and Frankfurt. The team at Mirastar have deployed over €20 billion of capital across key European markets and have built and constructed in excess of 4 million square meters of logistics assets collectively.
