BNP Paribas REIM has announced its Eurozone Logistics fund has hit €200m of commitments through Q4 2018 and Q1 2019, with an eye to capacity of some €300m. Launched in Q3 2017, the current group of investors constitutes pension funds and insurers from France, Italy, Spain, Belgium and Ireland. The fund targets Grade A logistics warehouses in the key eurozone logistics hubs. A final closing of the fund is anticipated by mid-2019, with additional equity commitments expected to reach a targeted investment capacity of €400m. The fund has recently secured a fourth acquisition in Germany. S...
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