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Transactions - DECEMBER 30, 2019

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AXA IM – Real Assets buys European logistics portfolio 

by Released

AXA IM – Real Assets has completed, on behalf of the AXA Logistics Europe Fund, the acquisition of a 275,000-square-meter (2.9 million-square-foot) pan-European core logistics portfolio from AEW. 

Antoine Mesnage, head of acquisitions for France at AXA IM - Real Assets, commented, “The scale of this portfolio together with its resilient income profile and geographical diversification made it stand out as a particularly compelling opportunity which we are pleased to have secured on behalf of our clients. Given the attractive market dynamics underpinning the sector, we are confident in our dedicated team of experts’ ability to effectively incorporate these assets into our expanding logistics platform and drive their growth in terms of income and capital returns.”

The portfolio, which comprises six high-quality assets w

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