Europa bought the 17,555sqm development site in partnership with real estate investor Sovereign Centros. : Europa Capital, in partnership with real estate investor Sovereign Centros, has acquired a 17,555sqm logistics development site in the West Midlands region in England on behalf of its fifth European value-add fund. The pan-European real estate investment manager said the partnership bought the site in Perry Barr, Birmingham from an undisclosed vendor for Europa Fund V. Europa said the partnership will shortly submit a planning application for the development of around 7,900sqm of logistics space on the site.