Fidelity International has held a final close of its Fidelity Real Estate Logistics Impact Climate Solutions fund (LOGICs), securing €355 million of equity commitments. Including leverage, LOGICs now has €710 million of total investment capacity.

Since its first close in March 2024, LOGICs has already deployed two-thirds of its capital — acquiring 14 logistics properties in Western Europe with a combined volume of €470 million. Fidelity expects the remaining capacity to be deployed in the coming months, supported by a deep pipeline of logistics opportunities identified by its investment teams.

“With strong backing from our investors, LOGICs is proving that delivering climate impact and strong returns can go hand in hand,” says Adrian Benedict, head of real estate solutions at Fidelity International.

“Investor demand for strategies like LOGICs is only accelerating, and we will continue to explore new ways to deliver compelling solutions that meet ou