AXA IM Alts has secured a A$100 million ($62 million) investment from the Clean Energy Finance Corporation (CEFC) into its Australian build-to-rent (BTR) affordable housing strategy. The CEFC’s investment will bring total equity commitments raised for the strategy to A$320 million ($198 million), enabling AXA IM Alts to further advance its objective of delivering high-quality, sustainable and affordable homes across Australia’s major metropolitan areas.
In separate news, AXA IM Alts has acquired on behalf of clients a newly developed, institutional quality 63,000-square-meter (680,000-square-foot) logistics campus located in Möckmühl, close to Heilbronn in Baden-Württemberg, Southern Germany, from ECE Work & Live.
Completed in 2023, the logistics center comprises high-quality warehousing and office space across two buildings and is fully leased to a global transport and logistics business.
The property is located between two of the most