BNP Paribas REIM has announced that the "Eurozone Logistics Fund" (ELF) reached its 'hardcap' of €300m of equity commitments at the final investors closing in June 2019. The fund focuses on modern Logistics platforms in the key eurozone logistics hubs. The fund was launched in July 2017 with additional closings concluded in 2018 and early 2019. The fund attracted €100m of new equity at the final close in June. The current group of investors consists of pension funds, insurance companies and other institutional investors from five European countries (France, Italy, Spain, Belgium and Irel...
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