Savills IM launches European logistics fund

Ridhima Sharma
clock • 2 min read

Real estate investment manager Savills Investment Management (Savills IM) has launched another German real estate special fund for institutional investors, Savills IM European Logistics fund 3 (ELF 3). The strategy focuses on investments in high-quality distribution centres and cross-docks that can be used by third parties in Europe's core liquid logistics markets. With a target investment volume of at least €600m and a maximum debt ratio of 50%, the fund targets an income return of at least 5% annually. The fund has already received capital commitments of €122m from two German instituti...

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