About us
Who we are
European Green Logistics Space (EGLS) is a logistics real estate investment, development and asset company operating across Europe and the UK. It was founded in 2024 by Ian Worboys, Amos Chia and Glen Lonie in partnership with Kamco Invest, one of the largest asset managers in the Middle East and North Africa (MENA) region.
Our investment approach
We take a long-term, sustainable, and value-driven approach to investing in logistics real estate across Europe. Our strategy is rooted in a deep understanding of local markets, a commitment to ESG excellence, and a proven track record in asset transformation and value creation.
A green-branded strategy
We deploy four branded investment strategies tailored to different asset types and market opportunities:
GreenDev
Developing new warehouses on greenfield or brownfield sites, all delivered with exemplary ESG credentials.
GreenBack
Acquisition of older, large warehouses in key distribution areas, where enhancement to modern ESG standards will add value to both occupiers and investors.
GreenUrban
Acquisition of urban logistics assets located near key transport nodes within a 30-60 minute radius of large urban centres, with refurbishment plans to bring them in line with modern ESG standards.
GreenBox
Acquisition of modern, income-producing warehouses in strategic locations, built to an institutional specification, with potential for further ESG enhancement.
Active asset management
Our experienced asset management team actively drives value creation across the portfolio. We focus on:
- Maximising operational efficiency and tenant satisfaction
- Upgrading assets to leading environmental standards
- Implementing green lease clauses and renewable energy systems
- Maintaining close, collaborative relationships with occupiers
We believe tenants’ success underpins investment performance, which is why we put occupier experience, wellbeing, and long-term ESG outcomes at the heart of every decision.
We deliver modern, sustainable big box and urban logistics facilities through a two-pronged strategy.
We acquire existing assets that can be improved, retrofitted, and turned into modern, sustainable facilities, and we also carry out ground-up developments.
For all our projects, we work with investors and occupiers to meet the highest standards of sustainability.
We will invest in the UK, France, Germany, Austria, Czechia, Slovakia, Poland, Spain, the Netherlands and Italy.
Our team is strategically located across key European markets, providing invaluable on-the-ground insights and allowing us to capitalise on opportunities swiftly and effectively.
The European occupier market demands sustainable logistics assets, a product type that is undersupplied and technically complex to develop.
We believe that our knowledge of the industry, logistics markets and passion for sustainability will allow us to supply the required product alongside enhanced returns.
We are committed to building a diversified and resilient portfolio that delivers long-term growth by focusing on sustainable, high-quality assets in strategic locations.
Our investment strategy is designed to adapt to changing market conditions and capitalise on structural trends such as digitalisation, the growing demand for optimised supply chains, and the continuing rise of e-commerce.
Kamco Invest
Kamco Invest has acquired a significant stake in EGLS in line with its expansion strategy. It is a regional non-banking financial powerhouse headquartered in Kuwait with offices in key regional financial markets, established in 1998 and listed on Boursa Kuwait in 2003.
It has assets under management of more than $16 billion allocated to various asset classes and jurisdictions, making it one of the largest asset managers in the MENA region.
