Dream Industrial REIT has announced its entry into the U.K. multi-let industrial market, marking a new step in the company’s European growth strategy. The update was released alongside details on the continued expansion of its strategic private ventures platform in Europe.

The move gives Dream Industrial REIT exposure to another major industrial real estate market as it broadens its footprint beyond its existing operations. In general, the multi-let industrial segment includes properties leased to multiple tenants, a part of the market that can offer diversification across occupiers and locations.

The company also said it is accelerating the growth of its strategic private ventures in Europe. According to the announcement, that strategy is intended to help scale the platform and support further expansion in the region through its private investment structure.

As with many corporate expansion announcements, the release noted that it contains forward-looking information. Dream Industrial REIT said those expectations are based on assumptions and remain subject to risks and uncertainties outlined in its cautionary disclosures.