Kategorien
Realterm closes EUR 100 million European logistics fund
Photo: Realterm
Realterm has announced the successful closing of Realterm Europe Logistics Fund (Relf) at its hard cap of EUR 100 million to invest in the high flow-through (HFT) logistics real estate sector in Europe. Relf is the ninth fund raised across the Realterm platform and the firm’s first value-added fund in Europe.
Its first investment is a 10,'000 sqm HFT facility fully leased to DHL at the intersection of two key pan-European transport corridors – E40 and E19 in Brussels, Belgium. The property has an infill location with close proximity to Brussels Airport, the Benelux ports and a dense residential population.
HFT properties typically facilitate a change in transportation mode and include cross-dock truck terminals, transload and related transhipment, air cargo, parcel sortation, final mile warehouses and other e-commerce backbone facilities. (mw)