AEW raises €750m for pan-European logistics and brings total equity to €2.3b

AEW has raised an additional €750 million ($840 million) in equity for LOGISTIS, its specialist pan-European logistics strategy, bringing the fund’s total net equity to €2.3 billion ($2.6 billion). The new equity will facilitate the platform’s further expansion in Continental Europe.

The objective for LOGISTIS’ is to continue to diversify and intensify its footprint across the main European logistics hubs, deploying a develop-to-core strategy focused on creating strategic assets, from large multi-modal logistics parks to urban logistics platforms.

Rémy Vertupier, fund manager of LOGISTIS, said, “We seek strategic locations from which large and flexible assets can be developed speculatively, and we partner with specialist developers looking for early-stage equity backing. In the current market conditions, this approach bridges our end users’ requirement for strategically located grade A space and the expectations of our investors: building a well-dive