DALLAS--Hillwood is entering the European logistics real estate market, the company announced Monday.

The new division, Hillwood Europe, will make direct and indirect investments in logistics real estate across major markets in Central and Western Europe through acquisitions, developments and joint ventures with other developers.

“Hillwood is very excited to enter the logistics real estate market in Europe. Unlike most investors recently interested in Europe, this is a long-term commitment based on building our business through acquisitions and development. We are comfortable doing this one building at a time,” says Ross Perot Jr., chairman of Hillwood, in a release.

The company did not return a request for additional comment.

Hillwood has already purchased existing buildings and development sites in Poland as well as hired industry veterans to oversee operations at two new offices in Poland and Germany.

Hubert Michalak, senior vice president, will office in Warsaw and will be responsible for building the company's business in Poland. Prior to joining Hillwood, Michalak was a partner at AIG/Lincoln for 12 years where he was responsible for industrial and logistics projects in Poland. He previously spent four years working for Viterra Development, a large German multifunction real estate company with investments in Poland and Germany.

Based in Frankfurt, Peter Schuijlenburg, senior vice president, will lead Hillwood's business in Germany. Prior to joining Hillwood, Schuijlenburg was SVP Regional Head of Northern Europe for ProLogis and a partner at Palmira Capital Partners where he was responsible for the company's industrial platform in Germany, Holland, Belgium and Scandinavia.