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Sign in Sign up for a FREE subscriptionAEW adds €500m to pan-European logistics strategy
AEW has secured an additional €500 million ($590 million) from existing investors for its specialist pan-European logistics strategy, LOGISTIS, pushing the fund’s total net equity past €2.7 billion ($3.2 billion).
AEW said the new capital will facilitate the platform’s continued expansion in continental Europe and will allow the LOGISTIS platform to grow to around €5.4 billion ($6.4 billion) of assets under management.
LOGISTIS deploys a develop-to-core strategy, focused on strategic locations and assets ranging from large multi-modal logistics parks to urban logistics platforms. The platform focuses on acquiring and developing highly sustainable assets and engaging and partnering with tenants through green leases.
LOGISTIS establishes large-scale partnerships with independent developers, supporting their pipeline of projects from an early stage in order to enhance sourcing and asset selection. The platform then actively takes part in the development v
