Aareal Asset Management has increased its equity from EUR 150 mln to EUR 350 mln in the Aareal Eurologistics fund bringing the total investment capital of the fund to EUR 1 bn. The fund concentrates mainly on investment in Germany, and is also active in France, Spain, the Benelux, Italy and eastern Europe.
Aareal Asset Management has increased its equity from EUR 150 mln to EUR 350 mln in the Aareal Eurologistics fund bringing the total investment capital of the fund to EUR 1 bn. The fund concentrates mainly on investment in Germany, and is also active in France, Spain, the Benelux, Italy and eastern Europe.
The company has indicated it plans to start a second Italy fund with a capitalization of EUR 200 mln, according to German real estate newspaper Immobilien Zeitung. The fund will be active in the office, retail and logistics segments. Wiesbaden-based Aareal Asset Management GmbH is Aareal Bank's real estate asset management subsidiary with offices in Amsterdam, Milan, Paris, Stockholm and Luxemburg.
