Pan-European investment manager DeA Capital Real Estate is planning to raise €700m to invest in inner-city micro-logistics properties.

The manager said it has launched the core plus/value-add UrbanMile fund to invest in flexible commercial spaces in major European cities.

Wolfgang Speckhahn, a managing partner at DeA Capital Real Estate Germany, said: “The growing e- and q-commerce market, as well as the stricter requirements due to climate policy, will have a major impact on access to city centres.

“The changing customer behaviour towards short delivery times of well under one hour from the order as well as the foreseeable limited access to city centres for exclusively small-scale transport systems with electric drive will demand new, central logistics solutions.

“Inner-city areas for micro-logistics use are thus gaining in importance, especially in European metropolises.”

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