Macquarie European Logistics Real Estate Fund closes with approximately €260m in investor commitments
Macquarie Asset Management has held a final close of Macquarie European Logistics Real Estate Fund with approximately €260 million ($285 million) in investor commitments.
Macquarie Asset Management’s first dedicated fund to the logistics real estate sector in Europe was launched in 2021 to target opportunities in core and core-plus logistics investments across the region.
The fund received commitments from a diverse range of investors, including pension funds and insurance companies. It has been successfully deployed across a portfolio of 10 European properties, including logistics facilities in the Netherlands, Denmark, Poland and Norway.
“Reinforced by our expertise in the sector and extensive market research, this milestone reflects the confidence we have in the ongoing growth of the logistics sector in Europe. With long-term structural tailwinds, we are seeing attractive opportunities emerging within the market and would like to thank our new and exist