Delin Property launches logistics-market platform, holds first close

Delin Property, a vertically integrated European logistics real estate investment and development firm, has launched a new institutional-investment-management platform.

As part of Delin’s growth strategy, the firm also launched and held a first closing of a new fund investing in the core/core-plus Dutch logistics sector seeded with a portfolio of eight standing assets valued at over €300 million ($342 million). The 10-year close-ended fund has secured the support of several leading institutional investors operating in the DACH region. It targets €250 million to €300 million ($285 million to $342 million) of equity.

The fund will focus on proven multimodal-distribution hubs benefiting from efficient infrastructure, good connectivity, easy accessibility and strong availability of labor. Existing and newly developed assets will be targeted by the fund’s manager, with an overall aim of achieving carbon neutrality across the portfolio, while attracting high-profi