Fidelity International has acquired five logistics assets across the UK, the Netherlands and France on behalf of its logistics impact climate solutions fund.
The Fidelity Real Estate Logistics Impact Climate Solutions Fund (LOGICs) acquired a single-building warehouse in Northampton comprising 28,212sqm of rental area. The Dutch acquisitions include a 37,000sqm gross lettable area facility built in 2021 in the Bijsterhuizen business park in Wijchen, alongside an 18,000sqm property built in 2000 on the Roerstreek industrial estate in Roermond.
In France, the LOGICs fund acquired a property with a short remaining lease term in the Saint Quentin Fallavier logistics park near Lyon, and a facility in the Salon de Provence logistics park near Marseille that is currently 50% leased over the medium term and 50% vacant.
Following its latest acquisitions, LOGICs has deployed the majority of its capital. To date, LOGICs has invested in 16 Western European logistics properties, representing a total transaction volume of approximately €513.6m, Fidelity said.
The LOGICs fund completed its final close in October 2025, raising €355m in equity commitments from global institutional investors, including an €80m anchor commitment from Rest Super. Including leverage, the fund expects total investment capacity to reach €710m.
Alison Puhar, head of real estate at Fidelity International, said: “Occupier demand is shifting decisively towards higher-quality, energy-efficient logistics space, yet the supply of sustainable buildings in prime locations remains structurally constrained across Western Europe.
“Our ability to identify and upgrade well-located assets through disciplined decarbonisation programmes has enabled us to deploy capital at pace while maintaining selectivity. We continue to see a compelling pipeline of opportunities where targeted energy efficiency interventions can unlock both environmental impact and rental growth potential, delivering attractive risk-adjusted returns for our investors.”
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