IREI has learned that Swiss Life Asset Managers is targeting €1 billion ($1.1 billion) in equity commitments for its new European industrial and logistics fund.
Swiss Life could not be reached to comment on its fundraising activity at the time of publication.
The Swiss Life Real Estate Funds LUX SICAV-SIF – European Industrial & Logistics Fund will focus primarily on assets in Germany and France, but also will broaden its scope to other parts of Europe, such as the United Kingdom, Switzerland and the Benelux region. The fund’s portfolio will ideally be divided equally between the logistics and industrial sectors.
In June, Swiss Life unveiled plans for a new investment solution for Europe
