Warburg-HIH Invest and Nord/LB launch €250m logistics fund

Warburg-HIH Invest and lender Nord/LB have launched a new logistics fund, Warburg-HIH Deutschland Logistik Invest. The open special AIF will invest exclusively in German logistics real estate and is seeking to raise €250 million ($284 million). With a debt capital ratio of 45 percent, the dividend yield is expected to be between 4.5 percent and 5.5 percent for the fund as well.

The fund plans to invest in modern, third-party distribution and transhipment halls in locations throughout Germany, according to Alexander Eggert, managing director of Warburg-HIH Invest.

Warburg-HIH Invest is an independent pan-European investment manager for real estate with currently €7.7 billion ($8.7 billion) worth of assets under management.